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

Corporate Entities

What Is A Neavada Series LLC?

Hi, I’m Jerry Carter with the Sierra crest business law group here in Reno, Nevada. We represent a lot of business owners. And so one of the questions that come up in our business representation is, what type of entity should I use to start my business? A lot of business owners ask us if […]

Washoe County Business Court Appoints Receiver for Mismanaged Nevada Corporation

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 […]

Nevada Business Entity Filings Continue to Decline

By Jerry Carter.  The Nevada Secretary of State has released its Quarterly Economic & Business Activity Report for the third quarter of 2012.  Among the highlights: – 4,014 new Nevada corporations were created during the quarter, a decline of 4.1% from the prior quarter – 7,915 limited liability companies were created during the quarter, a decline […]

Take a Look at the Nevada Secretary of State’s New Online Business Portal

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 […]

Washoe County Business Court Issues Writ of Mandate Ordering Election of Directors

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 […]

Nevada Supreme Court States That Directly Harming a Nevada Corporation Subjects Nonresident Officers and Directors to Suit in Nevada

By Jerry Carter.  The Nevada Supreme Court handed down a significant opinion in Consipio Holding, BV v. Carlberg, 128 Nev. Adv. Op. No. 43 (Aug. 9, 2012) (“Consipio“), regarding the circumstances under which nonresident officers and directors of a Nevada corporation can be sued in Nevada for injuring the Nevada corporation.  The Nevada Supreme Court reaffirmed […]

4,186 Nevada Corporations and 8,910 Nevada Limited Liabilities Created Last Quarter

By Jerry Carter.  The Nevada Secretary of State has released its Quarterly Economic & Business Activity Report for the second quarter of 2012.  Among the highlights: – 4,186 new corporations were created during the second quarter. – 8,910 limited liability companies were created. – The unemployment rate was 11.9%.

Washoe County Business Court Exercises Personal Jurisdiction over a California Resident in a Dispute over Control of a Nevada Corporation

By Jerry Carter.  In an Order dated August 9, 2012, the Washoe County Business Court stated that it will decide a dispute regarding control of a Nevada corporation even though one of the parties to the dispute is a California resident.  Two primary factors influenced the Court’s decision.  First, the California resident is alleged to […]

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