Berkshire Bank

James Barnes

Bankruptcy of Barnes' Hermitage companies coming to a conclusion

Note: A PDF copy of the bankruptcy trustee's final report is available below this article Hundreds of creditors and millions in claims will go unpaid BURLINGTON- Proceedings in the bankruptcy of James Barnes and his Hermitage Inn Real Estate Holding Company, former owner of...

Barnes issued another $35 per week judgement

HARTFORD, CT- A Connecticut Superior Court judge has ordered James Barnes to make weekly payments to the title insurance company that insured the Hermitage Club’s mortgages with Berkshire Bank.
Hartford Superior Court Judge A. Susan Peck ordered Barnes to pay $35 per week to Fidelity Life...

Barnes ordered to pay title company

HARTFORD, CT- A Connecticut court has ordered former Hermitage owner James Barnes to pay $118,699 to a title insurance company that backed deeds under Berkshire Bank’s mortgage of Hermitage properties.
In an order signed Monday, April 12, Hartford Superior Court Judge A. Susan Peck granted...

Hermitage Clubhouse

Berkshire Bank seeks order on Hermitage real estate sale closing

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...

Fidelity seeks judgment on Barnes

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.
...

Judge quashes Barnes' effort to postpone Hermitage sale

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...

Judge extends Hermitage bankruptcy auction to March, more bidders may show up

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...

Hermitage Club stalking horse bids are in

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...

Barnes sued for breach of contract

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,...

Vail top bidder for club’s snowmaking equipment

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”...