assets News

Abuse Victims Win Right to Sue for $245 Million of Church Assets

The federal judge overseeing the bankruptcy of the Archdiocese of Santa Fe granted a motion to allow lawyers representing a group of victims of clergy abuse to pursue over $245 million of church assets for their clients. The Archdiocese of …

Viewpoint: Will Purdue’s Bankruptcy Engulf Its Owners?

The bankruptcy of Purdue Pharma LP lays bare a distinction that the internet is making it more and more difficult to maintain: that between a company and the people who own or founded it. The Sackler family owns Purdue Pharma, …

Kentucky Treasury Looking for Owners of Unclaimed Property

Kentucky officials are heading to Louisville this week to try to find the owners of unclaimed property potentially worth $69 million. State Treasurer Todd Hollenbach’s office says each year the Treasury receives millions of dollars from holders such as banks …