Limited liability companies (or LLCs) have long been the business entity of choice for many Nevada residents, and for good reason. LLCs allow significant operational flexibility while simultaneously shielding assets from liability. However, few are aware that Nevada is...

Business Entity Basics: The Liability Shield

Business owners who have formed a business entity know that the process of doing so can sometimes be complicated and confusing. A formal entity isn’t required to do business in Nevada, but operating without one is financially...

Would you sign a contract without reading it first? Before you answer, consider this: most people enter into contracts daily without reading their terms, and few are even aware that a contract is being formed.

Have you ever visited a company’s website and been required...

Most of us have heard the terms “insurance fraud” and “securities fraud.” And we probably all know someone who has been a victim of one form of fraud or another. But what exactly is fraud?

There are many different types of fraud, including mail fraud, wire fraud, fraudu...

Has anyone ever broken a promise to you? If that promise amounted to a contract, you may have rights to enforce it, including the right to compel performance or recover money damages for breach.

Some people are surprised to learn that, with few exceptions, a contract d...

When potential clients approach me to discuss their options for resolving legal disputes, filing a lawsuit is often foremost in their minds. As humans, we have a natural tendency to want justice. After all, why should we compromise if we’re in the right?

However, there...

Employers have a legitimate interest in safeguarding their business and good will. They sometimes seek to protect that interest by requiring employees to sign a covenant not to compete if the employment relationship is ever terminated. In many cases, the risk of losing...

Over the years, I’ve advised numerous clients about the risks and benefits of lawsuits. Many of my cautionary warnings focus on the emotional and financial toll that accompanies protracted litigation. Some matters take years to resolve, costing tens or even hundreds of...

Many types of remedies are available in a typical breach-of-contract case. Consider the simple example of a seller agreeing to sell 200 widgets of a certain type, color and quality to a buyer for a set price. If the seller fails to deliver on the contract, either by no...

One of the thornier issues of any agreement to transfer property is whether and, if so, the extent to which the seller has a duty to disclose relevant information.  The law generally presumes that contracting parties have equal bargaining power and requires buyers to d...

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