1 of 1
Story summary
- The U.S. Diocese of Burlington asks a bankruptcy judge to dismiss its Chapter 11 case.
- The diocese has spent $2 million on Chapter 11 legal fees since September 2024.
- It offered creditors a $29.4 million settlement averaging $247,000 per claimant, which they rejected.
- Creditors are suing for access to roughly $500 million in parish assets held since 2006.
- Judge Heather Cooper set a Dec 8 hearing on the dismissal request.