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The Tariff Quagmire: Overcoming Uncertainty from Tariffs and Other Unstable Market Conditions

In 2025, the second Trump administration has made sweeping use of tariffs. Tariffs have been imposed and suspended several times, in varying amounts, against a multitude of countries on all types of goods used in the...more

Illinois Joins Trend Making General Contractors Liable for Paying Subcontractors' Workers

On June 10, 2022, Governor J.B. Pritzker signed into law two related bills, HB 5412 and HB 4600, sent to him the previous month by the Illinois legislature that will hold a primary contractor (one who has a contract with an...more

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...more

Illinois Considers Following Trend Toward Making General Contractors Liable for Wages of Subcontractors

A bill pending in the Illinois legislature (HB2838) exemplifies a nationwide trend in the construction industry to hold a contractor who has a direct contract with an owner (“Direct Contractor”) liable for the unpaid wage and...more

Retainage Reform Revisited

Illinois is the most recent in a number of states to consider legislation that modifies the practice of withholding payments from contractors and subcontractors as retainage. ...more

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