Everyone from the material supplier to the subcontractor in the construction industry has trouble getting paid at some point. In fact, when Construction Week Online conducted a poll inquiring who in the industry had payment problems, it found that a … Read More
Mechanics Lien update
Chapter 78 of the Oklahoma Session Laws (H.B. 1087) amends Sections 141 and 143 of the Oklahoma lien statutes that explictly provides that profit and overhead are permissible components of a lien claim. The language was added because the prior … Read More
Illinois 2d Appellate Court Rules in Favor of Subcontractors
Can a subcontractor sue the Village or City and recover its damages for unpaid materials and labor when a municipality fails to require a payment bond claim from the GC in accordance with its State laws? The Illinois Appellate Court … Read More
Illinois Mechanic Lien Statute Strengthened
Illinois Mechanic Lien Statute Strengthened by House Bill 3636 On January 7, 2013 House Bill 3636 passed both Houses of the Illinois General Assembly strengthening the Illinois Mechanic Lien Statute. The new law became effective immediately. This bill strengthens the … Read More