Vermont Roman Catholic Diocese
Coverage of Vermont Roman Catholic Diocese in the Nexus archive.
- Creditors in Vermont Catholic bankruptcy case seek access to an estimated $500M in parish assets
Clergy abuse claimants in Vermont are seeking access to approximately $500 million in parish assets held in trusts by the Vermont Roman Catholic Diocese, which filed for Chapter 11 bankruptcy in 2024. The diocese transferred parish assets to trusts in 2006 to shield them from survivor claims, but creditors argue the transfers violated fraudulent deeds law. The case involves legal disputes over whether these assets should be available to settle clergy misconduct lawsuits.
- 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.