The Legal and Financial Ramifications of Louisiana Senate Bill No. 218, La. R.S. 9:4815 (The Retainage Escrow Requirement) Professionals from Phelps Dunbar LLP and HORNE LLP have teamed up to present on the effect and implications of the new La. R.S. 9:4815. The law requires that retainage withheld on Louisiana construction projects be placed in escrow accounts rather than held by the owner.
To view the video of the presentation, click here