In a surprise move, Vermont’s Roman Catholic Diocese seeks to dismiss its 2-year-old bankruptcy case
The Roman Catholic Diocese of Vermont has asked a bankruptcy court to dismiss its Chapter 11 case after two years. Church lawyers cited $2 million in legal fees and a lack of progress in the reorganization process.
Vermont’s Roman Catholic Diocese is marking this week’s second anniversary of its request for a Chapter 11 financial reorganization plan by asking a U.S. Bankruptcy Court judge to dismiss its case, which so far has cost $2 million in legal fees “with no end in sight,” church lawyers said. The state’s largest religious denomination had...
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