Fred L. Stanfield Construction Co. v. Stearns Corp. of Nevada (In re Stanfield)

BERT GOLDWATER, Bankruptcy Judge.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

Plaintiff entered into three separate subcontracts with Stearns Corporation of Nevada (SCN), the general contractor, for a 72 unit condominium project in Sparks, Nevada, known as Silver State Condominiums. The project consisted of twelve buildings and a recreational building.

This was plaintiff’s first venture as a subcontractor. He had been a carpenter and worked as a carpenter foreman. Plaintiff’s subcontracts were (1) rough carpentry and framing $199,500, (2) roofing $87,000, and (3) finish carpentry $36,000.

During the…