BOSTON – Financial Advisors to Cardinal Bernard F. Law unanimously support the idea of the Roman Catholic Archdiocese of Boston filing for bankruptcy – a potentially attractive strategy for dealing with the hundreds of pending lawsuits it faces over sexual abuse by members of clergy.

“There are a lot of very, very practical reasons why it makes sense,” the adviser said. He said that while Cardinal Law had not yet endorsed the proposal and was unlikely to decide before the end of the year, “he’s leaning toward it.

(via New York Times)