mechanics lien law Archives

NACM Connect and Paramont EO are proud to announce the availability of a new book, The Illinois Mechanics Lien Act…and Other Construction Stuff, by Norm Cowie, Director of Credit at Paramont EO. For over a decade Norm Cowie, CCE, has been writing an award-winning column for the NACM Connect newsletter, the InterConnection. His column breaks […]

Paramont EO’s Credit Manager weighs in on the revised Illinois Mechanics Lien Law

Erica Gallagher

February 19, 2016

Quoted from the National Association of Credit Management News Feed on 2/11/16 “Reaction to the Illinois mechanic’s lien statute changes that enable any party with a stake in the real estate tied to a project to substitute surety bonds for mechanic’s liens continues to draw mixed reviews. Attorneys including Kori Banzanos, Esq., supported the changes, […]