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Religion

Eugene

(63,053 posts)

3. Dioceses are subsidiary corporations. When a subsidiary goes bankrupt, it's up to the courts

Reply to edhopper (Reply #2)

Tue May 9, 2023, 09:53 AM

May 2023

to figure who's on the hook. AFAIK pinning liability on a diocese's foreign sovereign state parent has never happened.

Not a lawyer but here goes...

As for Starbucks, the franchise operator is the usual corporate person involved. That's the point of corporations.

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Oakland 2nd California diocese to seek bankruptcy over abuse [View all] Eugene May 2023 OP

IMHO, tax-exempt organizations should not be allowed the protections of bankruptcy. alwaysinasnit May 2023 #1

Are all these Dioceses edhopper May 2023 #2

Dioceses are subsidiary corporations. When a subsidiary goes bankrupt, it's up to the courts Eugene May 2023 #3

I picked Starbucks edhopper May 2023 #4