Contractors Wire & Cable

Livermore, California
2011:  Assignee for Contractors Wire & Cable (CWC) with corporate offices in Livermore, California and warehouse locations in Texas, Georgia and Southern California.  The Assignee engaged a liquidator to assist with the sale of the wire, hardware, warehouse racking and vehicles.  The secured lender has been paid approximately $560,000 of its secured debt.  The accounts receivable collection continues.