Christian Brothers sells $216 million in real estate for just $1
Christian Brothers sold real estate valued at $216 million for just $1 while claiming bankruptcy in court. An investigation revealed the transfers to Edmund Rice Education Australia included 26 properties between 2013 and 2024, potentially obstructing compensation to abuse survivors. The order faces over 200 civil claims as it seeks to halt legal proceedings against.
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Summary by OZbrief Editorial · The Guardian Australia · Source
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Published 26 Jun 2026, 15:00 UTC · Updated 26 Jun 2026, 15:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
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