Month: November 2019
Agency Terminates at Point of Delivery
Earlier this year, an Illinois Appellate Court held that an agency relationship terminates upon the completion of the task the agent is conducting within the scope of its employment for the principal. In Brettman v. M&G Truck Brokerage, 2019 IL App (2d) 180236 (Jan. 17, 2019), the court expanded on the reasoning supplied by Sperl
The Do’s and Don’ts of Protecting Yourself Against a Ransomware Attack
Although ransomware is thought to attack high-profile victims like large businesses, hospitals, and police stations, ransomware has become increasingly prevalent in small businesses and home computers. Ransomware is a form of malware that encrypts a computer’s files, rendering the files unusable. The ransomware then holds the files “hostage,” forcing the victim to pay a ransom,
Illinois’ New Retainage Law
New amendments to the Illinois Contractor Prompt Payment Act (“Act”) were recently passed into law. This new portion of the law specifically concerns the percentage of funds an owner is entitled by contract to withhold from payments to the contractor (or which the contractor can withhold from the subcontractor) until the owner’s obligation to pay