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Hermitage Club Facing Liquidation
Hermitage Club Facing Liquidation
The former Haystack ski area is moving from Chapter 11 to Chapter 7 bankruptcy.
Monday, July 29, 2019, NewEnglandSkiIndustry.com
Haystack

A judge has approved the conversion of the Hermitage Club bankruptcy from Chapter 11 to Chapter 7, according the the Brattleboro Reformer.

Under Chapter 11 bankruptcy, an entity may have the opportunity to reorganize and emerge as a going concern, as compared to Chapter 7 liquidation.

Berkshire Bank filed a foreclosure complaint in February 2018, with some $16.5 million owed by the company for its lavish new base lodge. The filing paved the way to the appointment of receiver Alan Tantleff. The bank is hoping to auction off the assets this summer.

Located in the Deerfield Valley near Mount Snow, the Hermitage Club features the Haystack ski area, a golf course, and numerous inns and restaurants. Hermitage founder Jim Barnes acquired the defunct Haystack ski area in October 2011 and soon installed two new SkyTrac fixed grip quad chairlifts. An 80,000 square foot lodge was constructed for 2014-15 and a $7.3 million Doppelmayr heated, high speed detachable six person chairlift for 2015-16. In addition, the ski area also has a CTEC triple and a Poma triple.


  • Hermitage assets will be sold - Brattleboro Reformer External link


  • Related Stories on NewEnglandSkiIndustry.com
  • Hermitage Club Liquidation Moving Forward - August 29, 2019
  • Hermitage Club Files for Bankruptcy - May 31, 2019
  • Haystack Could Head to Auction Block This Summer - May 15, 2019
  • Multiple Ski Areas Remain Closed as the New Year Approaches - December 27, 2018
  • Judge Denies Hermitage Request for Lift Inspections - October 30, 2018


  • More Information
  • Hermitage Club at Haystack Mountain on NewEnglandSkiIndustry.com
  • Hermitage Club at Haystack Mountain on NewEnglandSkiHistory.com


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