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Bankruptcy Court Approves Auction Procedures

Posted on May 12, 2023 in: News

Bankruptcy Court Approves Auction Procedures

The Diocese of Norwich has received approval from the U.S. Bankruptcy Court to auction 113.19 acres of its property in Montville, which includes Saint Bernard School, on June 2.

The property to be auctioned by Norwich Roman Catholic Diocesan Corporation comprises the real estate and all of its improvements located at 1593 Route 32, Montville.

The Diocese requested the court order in April.

Interested bidders have until 4 p.m. May 26 to submit written bids that satisfy all requirements detailed in the court’s sale procedures.

If one or more qualified bids is received by the bid deadline, a transcribed and/or videotaped auction among qualified bidders will take place at 10 a.m. June 2 at the Hartford office of Robinson & Cole.

After the auction, Judge James J. Tancredi of the U.S. Bankruptcy Court for the District of Connecticut will hold a hearing at 11 a.m. June 7 to approve the sale to the successful bidder. It will take place at the United States Bankruptcy Court for the District of Connecticut, Abraham Ribicoff Federal Building in Hartford.

Written objections to the sale of the property to the successful bidder or back-up bidder must be filed with the court by 4 p.m. June 5. Objections must also be sent to the Counsel to the Debtor, Office of the United States Trustee for the District of Connecticut, and Counsel to the Official Committee of Unsecured Creditors.

The diocese is seeking a waiver of the 14-day stay period under U.S. bankruptcy rules so that the sale can close immediately upon entry of the sale order by the court.

The full terms and conditions of the Sale Motion, the Sale Procedures Order and the Sale Procedures can be found HERE.
They are also available by submitting a written request to the claims and notice agent at https://omniagentsolutions.com/Norwich.

Interested bidders must submit written bids that satisfy all requirements detailed in the Court’s sale procedures to the following entities on or before 4 p.m., May 26, 2023 (“the bid deadline”):

a) Counsel to the Debtor: Ice Miller, 1500 Broadway, 29th Floor, New York, NY 10036,Attn: Louis DeLucia, Esq.; and Robinson & Cole LLP, 280 Trumbull St., Hartford, CT 06106, Attn: Patrick Birney, Esq.;

(b) Office of the United States Trustee for the District of Connecticut, 150 Court Street, Room 302, New Haven, CT 06510, Attn: Steven E. Mackey, Esq. (Steven.E.Mackey@usdoj.gov); and

(c) Counsel to the Official Committee of Unsecured Creditors: Zeisler & Zeisler, PC, 10 Middle St Floor 15, Bridgeport, CT 06604, Attn: Eric Henzy, Esq. and Stephen Kindseth, Esq.

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    Roman Catholic Diocese of Norwich
    201 Broadway
    Norwich, CT 06360-4328
    Phone: 860-887-9294