A court in Virginia has apparently ruled that conservative churches which broke away from the national church over issues related to human sexuality can keep their property and assets. Here's the story in the WaTimes. This is the largest case of its kind in the US. Here are some blog reactions: from Stand Firm, Transfigurations, and here's the whole decision (in .pdf format).
UPDATE:
More responses: VirtueOnline, from the Anglican District of Virginia (ADV), and from the TimesOnline. Now from the Office of the Presiding Bishop, and from Christianity Today.
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