13Sep
New Illinois Law Impacts Retainage For Contractors
The Illinois legislature recently passed a law modifying the Contractor Prompt Payment Act, impacting retainage on all private projects (except residential projects involving twelve units or less). The law sets the ceiling for retainage at 10%, and...
By:
SmithAmundsen LLC
Related
As we continue to experience and adjust to the impact of COVID-19, real estate development projects ...
Read More >
Apple has removed spectacularly popular video game Fortnite from its App Store after accusing maker ...
Read More >
The Supreme Court in the UK, the highest court in the country, last week ruled on a restrictive cove...
Read More >
The new year has brought many things, including an increased threshold for many employees classified...
Read More >
2019 was a busy year for new developments in labor and employment law, and 2020 is shaping up to be ...
Read More >
On August 6, 2019, the President issued an Executive Order imposing new sanctions against the govern...
Read More >