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Seventh Circuit examines "pay-if-paid" provision

Construction Lawyer

Fidelity had issued a payment bond, but Fidelity refused to pay after the owner declared bankruptcy, and BMD sued Fidelity. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. The question became whether the general or the subcontractor would bear the risk of loss. Subscribe to this blogs feed.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CORPORATE TAX RATE: Indiana’s corporate tax rate was reduced from 8.5 The legislature reduced this tax in order to improve upon Indiana’s existing business climate and bring it more in line with rates in other states. This change provides greater opportunities for young companies to attract capital and grow in Indiana.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. CORPORATE TAX RATE: Indiana’s corporate tax rate was reduced from 8.5

Income 75