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

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Business Court Declines to Enforce a Covenant Not to Compete

Department 7 of the Washoe County Business Court entered a December 5, 2016 Order denying a temporary restraining order and preliminary injunction enforcing a former employee’s covenant not to compete. Background The plaintiff was a trading firm engaged in trading, investment, and other business activities in United States, European, and Asian markets. The defendant was […]

Temporary Restraining Order Protects a Proposed Stock Sale and Settlement Agreement from Corporate Interference

Department 9 of the Washoe County Business Court entered a May 24, 2016 temporary restraining order to protect a proposed settlement for which court approval was being sought. Val Holms, an approximately 47% shareholder of Bakken Resources, Inc. (“BRI”), was sued in a separate derivative action on behalf of BRI by Manuel Graiwer and other […]

Washoe County Business Court Issues Temporary Restraining Order Enforcing Covenants Not to Compete

By Jerry Carter.  A September 7, 2012 Order offers a glimpse into the circumstances under which a Washoe County Business Court will enforce, at least temporarily, a covenant not to compete.  The Court found that two individuals signed covenants not to compete with the Plaintiff employer for one year following termination of their employment.  The […]

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