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IN RE CASCO ELEC. CORP.

Bankruptcy No. 180-05638-21, Adv. No. 182-0196-21.

28 B.R. 191 (1983)

In re CASCO ELECTRIC CORPORATION, Debtor. Raymond AAB, as Trustee of the Estate of Casco Electric Corporation and Casco Electric Corporation, Plaintiffs, v. WESCO CORPORATION, Defendant.

United States Bankruptcy Court, E.D. New York.

March 3, 1983.

Attorney(s) appearing for the Case

Raymond J. Aab, New York City, trustee-plaintiff.

Siegel, Sommers & Schwartz, New York City, for defendant Wesco Corp.; Harris Schwartz, New York City, of counsel.

OPINION

CECELIA H. GOETZ, Bankruptcy Judge:

The issue in this adversary proceeding is whether the trustee of an insolvent contractor may recover as a preference monies paid a subcontractor, the beneficiary of a statutory trust, under the Lien Law of New York State.

The basic facts are not in dispute.

Casco Electric Corporation ("Casco") filed a petition under Chapter 7 of the Bankruptcy Code on September 22, 1980. Casco was an electrical...

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