Former BigLaw partner dies on Mount Everest; he was member of ‘seven summit club,’ brother says
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
A New Jersey-based financial company is looking to recoup nearly $ 700,000 from a private Vermont ski club after it defaulted on a lease. A default judgment for a writ of attachment was ordered in Hartford, Connecticut on Nov. 28. The Brattleboro Reformer reports the Hermitage Club and its founder Jim Barnes failed to plea […]
Minimal winter maintenance planned at foreclosed Hermitage Club properties includes rehiring a licensed chairlift mechanic to Haystack Mountain, which hosted a private ski resort until financial struggles led to an early closing last season. “Understanding the importance of these lifts, the director of mountain operations and I have worked to develop a work plan for […]
Court-appointed receiver Alan Tantleff is getting ready for cold weather at Hermitage Club properties. “My focus is preserving the real estate that is secured by the bank's mortgages,” he said Friday in an email referring to Berkshire Bank, which foreclosed on the company's members-only ski resort at Haystack Mountain, golf course, four inns and several […]
BRATTLEBORO REFORMERAttorneys Jim Anderson, representing Berkshire Bank, and Bob Fisher, representing the Hermitage Club, argue about the appointment of a receiver during a hearing at Windham Superior Court Civil Division in May. WILMINGTON – Just a few years ago, The Hermitage Club was dubbed “the fastest growing private company in Vermont” – a private ski […]
The Hermitage Club has a new lease on life after founder Jim Barnes announced the potential for a restructuring deal and named a new company president. “After months' long negotiations, the club has signed a nonbinding term sheet with Berkshire Bank to buy out its debt as part of this overall transaction,” Barnes wrote Wednesday […]
Reformer staff WILMINGTON – A Vermont judge has agreed to allow a receiver to take over a financially troubled private ski resort in Wilmington. The Berkshire Bank, which has foreclosed on the Hermitage Ski Resort, asked the judge to appoint a receiver to oversee the property during the foreclosure. Foreclosure News
ABA Journal Daily News
The Hermitage Club has been given 10 days to respond or object to Berkshire Bank's motion to appoint a receiver who will manage the company's foreclosed assets. “If no objections are filed, the court will schedule a hearing on the specifics of the terms of appointment of a receiver,” Judge John Treadwell wrote in a […]