A claim for theft by contractor is a powerful weapon in construction litigation. Under Wis. Stat. section 779.02(5), all funds paid by an owner to a prime contractor or subcontractor for improvements to real property are held in trust for the payment of labor, services, materials, plans, and specifications used to improve the property. Except in the case of a legitimate dispute, the misuse of those funds by a contractor or subcontractor may constitute theft by contractor. A violation of
Continue Reading Reducing Risk of Theft by Contractor: Five Things to Consider





