By Jerry Carter. In a recent Order in a Washoe County business court matter, the court permitted a Nevada corporation and its sole owner to sue for failure to place proper insurance coverage. The plaintiffs alleged they relied on the services of two insurance brokers to purchase proper workers compensation insurance. However, when the plaintiff owner […]
By Jerry Carter. At the request of Jerry Carter, Esq. and co-counsel Michael D. Smith, Esq., the Washoe County Business Court recently entered an Order Appointing Receiver to protect the shareholders of a mismanaged Nevada corporation. The Order confirmed an arbitration award. The Receiver is to take control of the corporation’s assets and make recommendations to the […]
By Jerry Carter. The Nevada Secretary of State recently launched a new online business portal, called SilverFlume. It is advertised to be the first of its kind. Using this portal, a company can obtain or renew a state business license, apply for a sales and use tax permit, register a new business, file articles of […]
By Jerry Carter. In an October 29, 2012 Writ of Mandate, the Washoe County Business Court ordered a Nevada corporation to hold an election of directors. NRS 78.345 authorizes a district court to compel an election of directors of a Nevada corporation if a meeting of shareholders has not occurred within 18 months. The Writ […]
