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Rice Memorial Campus Sale Amid Diocese Crisis | Burlington News
Rice Memorial High School, a private Catholic school, is on the verge of being sold for $4.3 million to a new nonprofit backed by anonymous donors — a move designed to keep the school open while the diocese navigates its own bankruptcy tied to sex abuse claims. The sale avoids a public auction that could scare away students, and the proceeds will help cover mounting legal costs already exceeding $2 million. But tensions are rising: abuse victims’ lawyers accuse the diocese of hiding assets in trusts to shield payouts, while some parishes are suing, claiming the bankruptcy targets their…
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