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Business Litigation Archives

Issues that might arise with confidentiality agreements

Any Nevada business, no matter its size, is going to want to take steps to protect its trade secrets and other information that is uses to stay competitive. Not only is this a way of preserving a business's ability to make a profit, it also is a matter of justice when a Henderson resident has employed his or her time and talent to develop new and creative ideas.

Shareholder derivative suit follows sexual misconduct allegations

Shareholders of stock in Wynn Resorts Ltd., a company which is a big player in Nevada's popular gambling and resort industry, have filed a derivative action against both the very corporation in which they hold stock as well as the board of the corporation.

Protecting your business interest from unfair competition

A previous post on this blog discussed the concept of business torts. To summarize the concept, business torts are part of Nevada law that help protect business owners from dishonest or underhanded competition from their rivals. The goal of business torts is to help ensure a level playing field for all business in the Las Vegas area and throughout this state.

Overview of a shareholder derivative action

The way Nevada corporations work, a resident of the Las Vegas area who owns shares in a company, assuming it's a minority stake, has relatively little power to change the way the business runs. After all, the majority shareholder or coalition of shareholders get to choose who sits at the helm of the business. This is true even for mid-sized businesses and even smaller corporations with just a few friends and family owning shares.

Understanding how to avoid business contract disputes

Whenever a business retains a new employee, takes on a new vendor or rents a new retail space, it likely enters into a contract. A contract is a binding legal agreement that outlines the obligations that the two or more parties have to each other and that explains the terms under which the performance of the contract obligations are to be done. For businesses in Nevada, it is imperative that their contracts be drafted with care and attention to detail to make sure that deficiencies in the documents do not expose the businesses to future disputes and potential litigation.

What are "water rights" in Nevada business litigation?

Many people throughout the U.S. don't give much thought to water. They go to the sink, or get in the shower, turn the tap and there it is. However, in many places in the western United States, such as Nevada, water is a scarce resource, and is utilized by many types of organizations and businesses. As such, there can sometimes be disagreements on who gets to use some amount of water from a particular source. To deal with this, Nevada, like many states, has come up with a legal framework for dealing with water rights.

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Law Offices of P. Sterling Kerr, P.C.
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Henderson, NV 89074

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