Hermitage

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- The Hermitage is headed for the auction block, following rulings by Vermont District Bankruptcy Court Judge Colleen Brown at a hearing on Friday, July 26. 
Brown issued two orders, one granting the US Trustee’s and creditors’ motions to convert the Chapter 11 cases to Chapter 7,...
BURLINGTON- Parties in the Hermitage bankruptcy cases have submitted a proposed order converting the cases from Chapter 11 to Chapter 7. The proposed written order was requested by Vermont District Bankruptcy Court Judge Colleen Brown following her verbal order on the record at a hearing on...
RUTLAND- Hermitage assets appear to be headed to liquidation, after a court decision on a motion by the US Trustee Friday.
The US Bankruptcy Court judge in the case ordered the conversion of Hermitage Chapter 11 bankruptcy cases to Chapter 7 on Friday, according to a source represented in...
BURLINGTON- A Vermont District Court judge has signed a default judgment order granting developer Shaun Golden's $2.6 million claim against Hermitage owner James Barnes. Judge Christina Reiss has scheduled an evidentiary hearing on Thursday, September 5 to determine damages. In his five-count...
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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RUTLAND- The Hermitage filed a new motion for bankruptcy financing Monday, after US Bankruptcy Judge Colleen Brown denied their previous motion following a hearing on Friday, July 12.
In her decision last week, Brown set a Monday deadline for a new motion, which will be heard at a...
This report was updated with additional information at 7:25 pm, Friday, July 12. RUTLAND- Vermont District Bankruptcy Court Judge Colleen Brown has denied a motion by the Hermitage seeking to borrow $1.75 million to fund their reorganization under Chapter 11 bankruptcy following a hearing...
RUTLAND- Two local municipalities have joined Berkshire Bank in their opposition to the Hermitage's motion asking the court to approve a $1.75 million debtor-in-posession (DIP) loan, and the court has put a hearing on the conversion of the cases to Chapter 7 (liquidation) on a fast-track. On...
BURLINGTON- The US Bankruptcy Trustee delivered a harsh rebuke to the Hermitage in a motion calling for the conversion of their Chapter 11 cases to Chapter 7, or the dismissal of the cases for cause. 
In a 10-page motion filed by assistant US Trustee Lisa M. Penpraze on Wednesday, the US...

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