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HOW DO CONTRACTORS GET PAID IN FULL FOR THEIR NEVADA CONSTRUCTION WORK?

misrepresentation

Business Court Allows Securities Fraud Lawsuit to Move Forward

In a September 13, 2016 Order, Department 7 of the Washoe County Business Court denied a securities fraud defendant’s motion to dismiss, but ordered the plaintiff to re-plead its complaint. Background The Plaintiff alleged that he invested $1,000,000 in a redevelopment of the Cal Neva Lodge located in Crystal Bay, Lake Tahoe. He alleged that […]

Nevada Supreme Court Overturns Fraudulent Inducement Judgment Arising out of a Construction Subcontract

By Jerry Carter.  In its recent opinion in Road and Highway Builders, LLC v. Northern Nevada Rebar, Inc., 128 Nev. Adv. Op. 36 (August 9, 2012), the Nevada Supreme Court attempted to elucidate the sometimes blurry line between breach of contract and fraudulent inducement. The general contractor was the successful bidder on a freeway construction […]

Washoe County Business Court Refuses to Dismiss Misrepresentation Claim

By Jerry Carter.  The Washoe County Business Court entered an Order Dated July 18, 2012 allowing the purchaser of a business to go to trial on a misrepresentation claim against the sellers of the business.  The purchase was structured as an asset purchase.  After the sellers sued the purchaser for breach of the agreement, the […]

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