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U.S. Trustee Questions American Resource Staffings Sale

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A U.S. Trustee’s office warned a judge that the proposed sale of New England's American Resource Staffing Network Inc. to the company president's daughter would pay "only a fraction" of the firm's multimillion-dollar tax bill, Dow Jones Daily Bankruptcy Review reported today. Lawyers for U.S. Trustee William Harrington asked a judge to put an outside professional in charge of the American Resource Staffing's bankruptcy case, arguing that president and owner Richard Purtell would be "unable to conduct unbiased investigations" into the proposed sale. Under the proposal, a company run by Purtell's daughter, Vicki Giuffre, would pay $2.4 million over a five-year period using profits from American Resource Staffing, which places temporary workers into jobs within the food, hospitality and light manufacturing industries.