BUSINESSVTDIGGER
Court says it might dismiss Vermont Catholic diocese bankruptcy case if progress isn’t made soon
The Vermont Roman Catholic Diocese faces potential dismissal of its Chapter 11 bankruptcy case if a viable reorganization plan is not submitted soon. The diocese sold its South Burlington headquarters for $3.13 million and has spent over $2 million on legal fees, with remaining assets at $35 million after settling clergy misconduct claims.
Mentioned
Related Signal