Kraemer Bros. v. Pulaski State Bank

This is a review of a published court of appeals decision, Kraemer Bros., Inc. v. Pulaski State Bank, 130 Wis. 2d 194, 387 N.W.2d 94 (1986), reversing an order of the circuit court for Brown county, N. Patrick Crooks, Circuit Judge. The circuit court concluded that funds in the account of Weslow and Sons, Inc., at the Pulaski State Bank were not a trust fund for the benefit of Weslow’s subcontractors and material suppliers under sec. 779.02(5), Stats. 1985-86. The court of appeals reversed the order of the circuit court. We affirm the decision of the court of appeals reversing the order of…