From ENS-Diocese of Los Angeles Bishop Coadjutor John Taylor has written to the diocese about the disputed St. James the Great Episcopal Church property on Lido Island in Newport Beach, California, that is at the heart of disciplinary proceedings against diocesan Bishop J. Jon Bruno.
Taylor’s bottom line is that the contract to sell the property that Bruno struck is legally binding on the diocese.
“In prayerful discernment, we opened our hearts to a variety of possibilities for reconciliation in Christ and healing for St. James and our whole community. But Bishop Bruno has entered into a binding contract to sell the property. The buyer has the legal right to expect the seller to honor the contract,” Taylor wrote in a letter emailed to the diocese Aug. 14 and posted on the diocese’s Facebook page. “Much as we might wish it were otherwise, we do not believe that it would be in the interests of the diocese or consistent with our fiduciary responsibilities to endorse any steps leading to breaching or threatening to breach an enforceable contract that could lead to further expense and litigation.”
More here-
http://episcopaldigitalnetwork.com/ens/2017/08/14/los-angeles-bishop-coadjutor-says-disputed-st-james-property-sale-contract-is-legally-binding/
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