Founded nearly a century ago, Weil Gotshal was once the marquee for bankruptcy advice but has more recently had difficulty competing with giant law firms.
The Roman Catholic archdiocese might now avoid bankruptcy by reaching a settlement with 1,300 people who said they had been abused by clergy members and lay leaders.
St. Patrick’s Cathedral in Midtown Manhattan. The Archdiocese of New York includes Manhattan, the Bronx, Staten Island and several Hudson Valley communities.
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