Las Vegas Sun

November 23, 2009

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LV contractor sued over alleged asset transfer

Tuesday, Aug. 29, 2000 | 11:12 a.m.

A Las Vegas wholesale supplier of plumbing fixtures sued an allegedly insolvent plumbing contractor, alleging it illegally transferred its assets to one of its officers to avoid repaying a $143,336 debt for plumbing equipment.

Morally Wholesale Plumbing Inc. seeks an order to appoint a receiver to prevent Brothers Plumbing Co. Inc., an allegedly dissolved corporation, and its officer Gary Cavaretta from paying out or further transferring any of its assets to other creditors, said a Clark County District Court lawsuit.

The suit said Morally won an order in 1997 against Brothers Plumbing that requires the company to pay $143,336 for plumbing equipment delivered by Morally to Brothers Plumbing on credit.

The defendants could not be reached.

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