X
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

Maryland Federal Court Upholds Contractual Indemnity Clause and Awards Judgment Interest and Attorneys Fees in Masonry Suit

Skanska USA Building, Inc. v. J.D. Long Masonry, Inc., No. 1:16-cv-00933, 2019 BL 336852, (D. Md. Se...

Read More >

Final Massachusetts Paid Family and Medical Leave Regulations Published and Other PFML Updates

The Massachusetts Department of Family and Medical Leave (“DFML”) has posted the much-anticipated ...

Read More >

Third Circuit Affirms District Court Decision to Vacate Arbitration Award

This case arises out of a dispute over a provision of a collective bargaining agreement entered into...

Read More >

Coronavirus: Details Matter

As the Coronavirus (COVID-19) continues to disrupt markets and industries globally, businesses face ...

Read More >

Bay Area Counties Relax Restriction on Construction and Other Low-Risk Activities

The six Bay Area counties that led the way in requiring their citizens to shelter in place on March ...

Read More >

California Court of Appeal Agrees Employer Does Not Have To Pay For Shoes...This Time

Krista Townley was a server at BJ’s Restaurants, Inc. As a server, Townley was required to wear bla...

Read More >