The Hermitage is heading for the auction block
Thu, 08/01/2019 - 3:17pm
Mike Eldred
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, and another denying Hermitage motions for a bankruptcy funding loan and insurance financing.