In re Iaccarino & Son, Inc., Chapter 7 case no. 12-44032 (Bankr. D. Mass.)(filed 11/19/12)

N/A

OUTCOME: Chapter 7 Trustee disposed of subcontracts for $. Secured lenders repossessed and sold equipment and other assets; trustee sold unliened motor vehicles for $$. Trustee looking @ large joint check preference claims.

Subcontractor (specialty woodworking and carpentry) needed an orderly liquidation given its inability to perform existing subcontracts and no line of credit availability to purchase materials and pay w ... ages and other expenses.