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Update: Judge Orders Del. Diocese to Share Cash With Abuse Victims

June 30, 2010, 2:34 pm

The Catholic Diocese of Wilmington, Del., must share as much as $120-million in a pool it administers with victims of sexual abuse by priests, says Bloomberg.

The judge overseeing the diocese’s bankruptcy ruled Monday that the $120-million in an investment account should be considered part of the case.

Scores of abuse victims who have sued the diocese and some of its parishes – cases delayed by the diocese’s October filing for Chapter 11 protection – are potential creditors, as are church employees facing possible pension losses and parishes that contributed to the investment account.

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