June 2012

During the early 1990s, debtor Redondo Construction Corporation (“Redondo”) entered into three separate construction contracts with the Puerto Rico Highway and Transportation Authority (“Authority”).  The contracts required the debtor to undertake construction of a bridge and access road (the Patillas project); replacement of a different bridge (the Dorado-Toa Alta project); and highway improvements (the
Mayagüez

BMD Contractors, Inc., (“BMD”) was a mechanical piping subcontractor to Industrial Power Systems, Inc. (“Industrial Power”), which was in turn a subcontractor for the
general contractor overseeing the construction of an automobile transmission
manufacturing plant for Chrysler near Indianapolis, Indiana.  The project owner was Getrag Transmission Manufacturing, LLC. (“Getrag”). 

In connection with the project, Industrial