That Would Be a Neat Trick

By Jerry Carter.  How would you like to win a judgment against the guy who bought your business but defaulted on his payments, and then, when he appealed, execute on the judgment, buy his defenses, and dismiss the appeal?  That would be satisfying.  But the Nevada Supreme Court recently decided it cannot be done in […]

Nevada Supreme Court Narrowly Construes Indemnity Clause in Subcontractor Agreement

By Jerry Carter.  The Nevada Supreme Court recently decided a significant contract case against a general contractor that sought indemnity from its subcontractor.  The case is United Rentals Highway Technologies, Inc. v. Wells Cargo, Inc., 128 Nev. Adv. Op. 59 (December 6, 2012) (“United Rentals“). A general contractor, Wells Cargo, Inc. (“Wells Cargo”), hired United […]

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 […]