Regulatory Alerts2026-05-20
Added · Updated
Order Authorizing Increase in Priority Class 3 Distribution
Vermont Superior Court Judge Daniel Richardson granted the Commissioner of the Department of Financial Regulation's motion to increase the interim distribution rate on allowed priority class claims from 25% to 50% in the Care Risk Retention Group, Inc. liquidation. The order formally accelerates payout schedules for eligible claimants by doubling the interim distribution percentage. This directive immediately modifies the existing distribution framework to reflect the higher payout threshold across all approved priority class claims.
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