A North Carolina contractor lost a major lawsuit, ran into financial trouble and then stonewalled surety Liberty Mutual Insurance Co. for a short while before filing for protection from its creditors in U.S. bankruptcy court. That is the picture that emerges of Intercoastal Contracting Inc., a Castle Hayne, N.C.-based heavy construction general contractor, from a lawsuit Liberty Mutual filed against it in August. The contractor's downfall is also recorded in other legal documents and lawsuits.
展开▼
