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NY Archdiocese pitches $800M to settle child sex abuse claims — warns of bankruptcy if offer is rejected

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The Archdiocese of New York has offered $800 million to settle claims that priests and lay staff sexually abused children — as Catholic Church leaders warn of bankruptcy if the settlement isn’t accepted. The potential global settlement, which still needs approval from all 1,300 alleged victims, comes with a $250,000 quick-pay option for accusers who want a speedy resolution. Otherwise, claims will be evaluated to determine how much each victim should be paid, said Jordan Merson, who represents more than 60 people who said they were sexually abused as minors. Lawyer Jordan Merson confirmed the Archdiocese of New York offered $800 million to victims of child sex abuse by priests and lay staff.…

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