Topic: Bankruptcy

Found 3 articles filed under Bankruptcy


The Illusion of Stewardship: Bankruptcies, Budgets, and Sherman’s $42.8M Trap

Saturday, March 14, 2026

A local administration manufactured a public safety panic over a drone. The real threat, however, lies in the town ledgers—where years of deferred maintenance and a hidden $2.3 million surplus quietly laid the groundwork for a generational tax burden.

The Cost of Denial: Bankruptcy, Blue Tarps, and a $42.8M Crisis

Tuesday, February 17, 2026

It began with officials denying obvious safety hazards. It escalated to crews frantically hanging blue tarps on a federal holiday. Now, as the $42.8 million Sherman School project demands more oversight, we uncover a troubling financial baseline: the First Selectman’s personal bankruptcy filing just weeks before his first election.

The Sherman Paradox: A $50M Crisis and a 55% Raise

Monday, February 9, 2026

A $50 million town asset left exposed to freezing winds. A residential neighborhood flooded with industrial light. And a First Selectman whose salary climbed 55% while the construction budget spiraled. We investigate the "White Lantern" anomaly and the fight for accountability on Sawmill Road.