The Articles of Incorporation and Bylaws are certainly important but a shareholder’s agreement is equally important. This agreement decides who is going to have representation on the Board of Directors, what will happen if a shareholder wants to sell out their...
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...
By Jerry Carter. The Washoe County Business Court recently entered an Order in which it refused to dismiss a shareholder derivative action. One of the defendants is an attorney who moved to dismiss the claims against him on the ground that his role as counsel to the...
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