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
A property owner generally has the right to control access to its property, including the rights to ...
Read More >
Can you get sued for defamation because you conduct an internal investigation? It depends on who yo...
Read More >
The first six months of 2019 have proven to be busy, challenging professionals in the labor and empl...
Read More >
In late July, the Committee on Foreign Investment in the United States (CFIUS) released its Annual R...
Read More >
Private equity, like virtually every market and industry, has been affected by the coronavirus pande...
Read More >
The new year will bring significant changes for California employers, which could have substantial r...
Read More >