Episode Details

Rice Memorial High School, a private Catholic school, is on the verge of being sold for $4.3 million to a new nonprofit backed by anonymous donors — a move designed to keep the school open while the diocese navigates its own bankruptcy tied to sex abuse claims. The sale avoids a public auction that could scare away students, and the proceeds will help cover mounting legal costs already exceeding $2 million. But tensions are rising: abuse victims’ lawyers accuse the diocese of hiding assets in trusts to shield payouts, while some parishes are suing, claiming the bankruptcy targets their religious freedom. This campus deal is just one piece of a complex financial and legal unraveling that began when the diocese filed for bankruptcy in September 2024.

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