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
In a growing wave of class action lawsuits, plaintiffs are targeting employers who have allegedly fa...
Read More >
On June 11, 2019, Governor Kate Brown signed into law the Oregon Workplace Fairness Act (SB 726), wh...
Read More >
On April 8, 2020, New Jersey Governor Phil Murphy signed Executive Order 122 (2020) (“EO 122”). EO...
Read More >
On Tuesday, August 27, 2019, President Trump formally nominated Eugene Scalia to serve as Secretary ...
Read More >
Most professional liability polices include some form of a “related claims” provision that general...
Read More >
Kansas Governor Laura Kelly's Executive Order 20-16 established a statewide "stay home" order in an ...
Read More >