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Bishop Dennis Sullivan said that a triple blow of new abuse lawsuits, a drop in donations due to the pandemic, and $8 million in payouts through the New Jersey Independent Victims Compensation Program were behind the bankruptcy declaration.
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Bishop Dennis Sullivan said that a triple blow of new abuse lawsuits, a drop in donations due to the pandemic, and $8 million in payouts through the New Jersey Independent Victims Compensation Program were behind the bankruptcy declaration.
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