Diocese of Burlington Seeks Exit From Bankruptcy After Settlement Rejection
The Roman Catholic Diocese of Burlington has formally requested to exit the Chapter 11 bankruptcy proceedings it initiated two years ago, citing an impasse in negotiations…
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Tag: Vermont
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Vermont Diocese Faces Allegation It Sought to Shield Parish Assets Before Bankruptcy Filing
A sworn statement filed in federal bankruptcy court alleges that leaders of the Vermont Roman Catholic Diocese approached a prospective financial officer in 2020 with a…
Vermont Diocese Bankruptcy Claimants Target $500 Million in Parish Trust Assets
A court-appointed committee representing more than 100 clergy abuse survivors has asked a federal bankruptcy court in Burlington, Vermont, to grant access to an estimated $500…