03Sep
Illinois’ New Retainage Law
Effective August 20, 2019, Illinois law provides that a maximum of 10 percent retainage may be withheld from payments under private construction contracts and, after the contract is one-half complete, retainage must be reduced to 5 percent and kept...
By:
Saul Ewing Arnstein & Lehr LLP
Source Url: https://www.jdsupra.com/legalnews/illinois-new-retainage-law-60751/
Related
On August 29, 2019, the National Labor Relations Board (the “Board”) refused to extend the Nationa...
Read More >
On January 9, 2020, U.S. Citizenship and Immigration Services (USCIS) formally announced that the mu...
Read More >
Canadian companies engaged in M&A transactions with connections to the United States should be aware...
Read More >
U.S. financial services sector M&A picked up in the second half of 2020, in line with the wider U.S....
Read More >
Comments to Proposed Rule on Consolidation of Mentor Protégé Programs and Other Government Contracti...
Read More >
After much consultation and heated debate, Vietnam adopted a new Labor Code on 20 November 2019 ("La...
Read More >