The financial arm of Guam's catholic church has been reconstituted in anticipation of several lawsuits by victims of alleged abuse on the island.
Last month, Guam's governor signed into law a bill that removed the statute of limitations, which allows the church to be sued for historical allegations.
So far, five former altar boys have gone public to accuse Archbishop Anthony Apuron of sexually abusing them in the 1970s.
The Pacific Daily News reports the church saying that it has appointed seven new members to its financial council.
The members will work to reposition the church's assets on Guam and to prepare it for lawsuits that are likely to be filed by victims of clergy abuse.