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

EEOC Sues Valley Tool for Disability Discrimination and Retaliation

Company Punished Employees for Complaining About Mistreatment, Federal Agency Charges - OXFORD, Mi...

Read More >

NLRB Returns to Time-Honored Standard for Post-Arbitral Deferral

The National Labor Relations Board recently overturned a decision issued in 2014 and returned to its...

Read More >

Next steps towards tighter German Foreign Investment Control rules passed

For M&A transactions in Germany and beyond, Foreign Investment Control screenings have become an ind...

Read More >

DOJ And The SEC Publish Long-Awaited Update To The FCPA Resource Guide

On July 3, 2020, the U.S. Department of Justice (“DOJ”) and the U.S. Securities and Exchange Commi...

Read More >

AB 5 Update: California Senate Committee Advances Bill to the Senate Floor

This article is an update to prior publications from Littler’s Workplace Policy Institute regarding...

Read More >

Construction: The Most Hazardous Industry

The construction industry continues to be the most hazardous industry in the State of North Carolina...

Read More >