prv nxt

HWH Commercial & Litigation Alerts


APRIL 2017

UNDERSTANDING PAY-IF-PAID VS. PAY-WHEN-PAID CLAUSES IN CONSTRUCTION AGREEMENTS

There are countless ways for a construction project to go awry. The first claims that come to mind are those based on delays or defective workmanship, but perhaps even more common are the potential claims which arise when a general contractor does not receive payment from the owner, but remains potentially liable to its subcontractors for work performed. Like most construction disputes, the answer to the question of whether or when a general contractor is liable for payment to its subcontractors starts (and often ends) with the language of the contract.

For more on this article, CLICK HERE.
AUGUST 2015

Removing Cloud of Title, But Adding Cloud of Additional Liability

On January 1, 2016, the latest addition to the Illinois Mechanics Lien Act, Section 38.1, will take effect.  Section 38.1 of the Act will permit an owner (or other person liable for payment of a lien claim, such as a general contractor) to substitute an eligible surety bond for the lien filed on the property.  A summary and analysis of this new Section can be found HERE.
NOVEMBER 2014

Illinois Supreme Court Holds that All Illinois Public Construction Bonds are "Deemed" to Include Both a Performance and Payment Guarantee

Last month, in Lake County Grading Company, LLC v. Village of Antioch, the Illinois Supreme Court handed down a ruling concerning bonds procured under the Illinois Public Construction Bond Act. A summary and analysis of this seminal case can be found HERE.

Our Office

333 West Wacker Drive
Suite 2060
Chicago, Illinois 60606

T: 312.662.4600
F: 312.662.4599

Sign up for our Legal Alerts