Homeowner sued his contractor for breach of contract, fraud, conversion (theft) and other claims related to the contractor’s misdirection of construction loan proceeds.
Homeowner sued his contractor for breach of contract, fraud, conversion (theft) and other claims related to the contractor’s misdirection of construction loan proceeds. An arbitrator found that the contractor had failed to pay subcontractors, had committed fraud, and had engaged in unfair and deceptive business practices. Our client was awarded judgment in the amount of $419,676.00.