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
Company Punished Employees for Complaining About Mistreatment, Federal Agency Charges - OXFORD, Mi...
Read More >
The National Labor Relations Board recently overturned a decision issued in 2014 and returned to its...
Read More >
For M&A transactions in Germany and beyond, Foreign Investment Control screenings have become an ind...
Read More >
On July 3, 2020, the U.S. Department of Justice (“DOJ”) and the U.S. Securities and Exchange Commi...
Read More >
This article is an update to prior publications from Littler’s Workplace Policy Institute regarding...
Read More >
The construction industry continues to be the most hazardous industry in the State of North Carolina...
Read More >