Berkshire Bank


Hermitage Clubhouse
BURLINGTON- Vermont District Bankruptcy Court Judge Colleen Brown has ordered a hearing this week on Berkshire Bank's emergency motion to compel the closing of the sale of Hermitage property.
Berkshire Bank filed their motion on Friday, after the Hermitage Club Member Group failed to close...
HARTFORD, CT- The title insurance company that backed the Hermitage in its Berkshire Bank mortgage is seeking a judgment against Hermitage founder James Barnes in Hartford Superior Court. Fidelity National Title Insurance Company filed their initial complaint and summons in October 2019. 
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Hermitage Club Member Group submits bid for Hermitage real estate, Barnstormer BURLINGTON- The auction of Hermitage Club assets scheduled for Friday will go on as planned, after Vermont District Bankruptcy Court Judge Colleen Brown denied a motion by James Barnes at an...
BURLINGTON- Vermont District Bankruptcy Court Judge Colleen Brown postponed the sale of Hermitage assets to March 20, following a hearing on Friday, January 31.  
A number of issued raised in objections by creditors, bidders, potential bidders, and other interested parties were settled...
Bankruptcy auction to start at $7.6 million
BURLINGTON- The US Bankruptcy Trustee has received two offers from two different stalking horse bidders totaling $7.6 million for Hermitage assets, and filed motions to hold an auction on Tuesday, February 25. 
On Tuesday...
By Mike Eldred
HARTFORD, CT-  A company that provided title insurance for the Hermitage Club’s mortgage with Berkshire Bank is suing James Barnes for breach of contract. 
Fidelity National Title Insurance Company filed the suit in Hartford Superior Court on Tuesday, October 15,...
BURLINGTON- Vail Holdings was the top bidder in an auction of Hermitage Club snowmaking equipment in Vermont District Bankruptcy Court on Tuesday. 
Vail will pay $375,000 for the former private resort’s snow guns and other related equipment.  Vail Holdings was the initial “stalking horse”...

Snowguns at the Hermitage Club are some of the assets being argued over in bankruptcy court by the club’s creditors. File phto/Mike Eldred
RUTLAND- Attorneys for creditors in the Hermitage bankruptcy cases have agreed to postpone a hearing on Berkshire Bank’s motion seeking to proceed with their foreclosure case in Windham Superior Court. 
Vermont District Bankruptcy Court Judge Colleen Brown signed the order Wednesday,...
RUTLAND- Berkshire Bank is asking the Vermont District Bankruptcy Court  to allow their foreclosure action to proceed in Windham Superior Court. 
The bank filed its foreclosure suit in February 2018, amid mounting financial difficulties at the Hermitage.  An automatic stay was placed on...
BURLINGTON- The Hermitage and their creditors are set to testify Friday on Hermitage motions for Chapter 11 bankruptcy financing and insurance, and a motion by the US Bankruptcy Trustee to convert the bankruptcy to Chapter 7, dismiss the case altogether or appoint a Chapter 11 trustee.  
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