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Vermont judge authorizes $8M payout in Koffee Kup hearing June 23, 2021 FacebookTwitterEmail BURLINGTON, Vt. (AP) A Vermont county judge has approved the payment of nearly $8 million in outstanding claims made by three Koffee Kup Bakery creditors. Chittenden County Judge Samuel Hoar approved the payment Tuesday and signaled that he was open to expanding the role of Ronald Teplitsky, the receiver of Koffee Kup’s assets, to make recommendations on how other creditors, including the 500 employees who lost their jobs on April 26, will receive money owed to them, the Brattleboro Reformer reported. Koffee Kup’s primary lender, KeyBank, will receive $7.6 million, the Vermont Economic Development Authority will receive $213,000 and Continental Indemnity will get $84,000.

Chittenden countyUnited statesKoffee kupSamuel hoarRonald teplitskyVermont economic development authorityKoffee kup bakeryCounty judge samuel hoarBrattleboro reformerContinental indemnityசிட்டெண்டென் கவுண்டிஒன்றுபட்டது மாநிலங்களில்கோப்பீ க்குப்சாமுவேல் ஹோர்வெர்மான்ட் பொருளாதார வளர்ச்சி அதிகாரம்கோப்பீ க்குப் பேக்கரி