Foreclosure

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...
RUTLAND- Berkshire Bank, the Hermitage’s biggest creditor, will not consent to financing sought by James Barnes and the Hermitage to fund their Chapter 11 reorganization plan. 
In a statement submitted to the Vermont District Bankruptcy Court prior to a venue hearing on Tuesday and...

The White House Inn
NEWFANE- A hearing in a lawsuit against James Barnes and one of his companies was held despite a last minute request for a continuance from Barnes.
The scheduled hearing was to consider a motion by White House Inn owner Bob Grinold for a preliminary injunction that would lift a lien placed...
NEWFANE- Hermitage owner James Barnes filed a request to represent himself and his company, White House by Hermitage LLC, in Windham Superior Court last week.  The request, however, was filed in a foreclosure case that has been closed since July.    
On May 22, 2018, Judge John Treadwell...
NEWFANE- Lakeland Bank is seeking an order to hold a public auction of snowmaking equipment at the Hermitage to recoup more than $650,000 they say James Barnes and Hermitage Inn Real Estate Holding Company failed to pay.
The New Jersey bank previously filed a similar case in Hartford, CT,...
WILMINGTON- The Hermitage Club will not reopen for the holiday season, according to club president Harper Sibley.In a brief holiday missive to members, Sibley said the company has not been able to close on the refinancing deal they've been seeking for the past several months. The company also...

WILMINGTON- A setback in the Hermitage Club’s refinancing effort could delay the club’s reopening until after the holidays, according to club president Harper Sibley.
In a letter to members on Friday, October 12, Sibley said the closing date for the loan, which had been set for...
NEWFANE- The Hermitage Club’s Haystack ski area may not be able to open for skiing this winter, according to a report by Alan Tantleff of FTI Consulting, the court-appointed receiver tasked with maintaining Hermitage properties under foreclosure by Berkshire Bank.
In a report filed with...
NEWFANE- Windham Superior Court Judge John Treadwell has asked for clarification on the connection between two companies owned by James Barnes in a foreclosure case brought by Brown’s Country Services. 
In early May, Brown’s Country Services filed a foreclosure complaint on five building...
WILMINGTON- Another mortgage holder has filed a foreclosure action on the Brook Bound Inn property on Cold Brook Road.
The initial foreclosure complaint was filed by Brattleboro Savings and Loan on May 3.  On June 18, trustees of the James L. McGovern III trust filed a cross-claim in...

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