Article Date: 11/06/2015


Contractor Left Unpaid by Bankrupt Nonprofit


An unpaid contractor could not recover from the individual officers and directors of a bankrupt nonprofit organization. There was insufficient evidence the individuals fraudulently misrepresented available construction funds or misused the proceeds of a construction loan. 

 

The Construction Claims Advisor summary of this case is available to ConstructionPro Network members and includes:

  •  The citation for the case (case name, case number, and date filed)
  •  An overview of the case
  •  Background information about the case
  •  A summary of the ruling
  •  A summary of the court’s conclusion and the resulting outcome
  •  Editor's commentary
  •  A link to the complete PDF copy of the original opinion

 



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