X
03Sep

Illinois Expands Protections Under the Contractor Prompt Payment Act by Imposing New Restrictions on Retainage

The Illinois Contractor Prompt Payment Act, 815 ILCS 603/1, et seq. (the “Act”) was first enacted in 2007 and designed to safeguard contractors and subcontractors on private projects by providing a mechanism to expedite payments for work performed....
By: Seyfarth Shaw LLP
Source Url: https://www.jdsupra.com/legalnews/illinois-expands-protections-under-the-83326/

Related

Good News for Employers - NLRB Finalizes Joint Employer Rule Reducing Litigation Risk

Earlier this week, the NLRB made official a less stringent standard on joint employer liability, ret...

Read More >

In Utah, It's Obvious What's Open and Obvious

There is good news for contractors in Utah who take care to appropriately mark, sign and warn of haz...

Read More >

Governor Cuomo Announces Plan to Eliminate Tip Credit for Employees Outside the Hospitality Industry

The New York State Department of Labor, after holding multiple hearings across the state regarding t...

Read More >

City of Pittsburgh Paid Sick Days Act Effective March 15, 2020

The City of Pittsburgh Paid Sick Days Act (“Act”) will take effect on March 15, 2020. Covered empl...

Read More >

Secondaries and UK Stamp Duty

In private equity secondary transactions, it is commonly assumed that UK stamp duty is not payable. ...

Read More >

[Event] 11th Annual Advanced Forum on Managed Care Disputes and Litigation - May 6th-7th, Chicago, IL

ACI’s 11th Annual Advanced Forum on Managed Care Disputes and Litigation returns to Chicago this ye...

Read More >