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Month: October 2015

Liquidated Damages in Nevada

Posted on October 29, 2015January 9, 2024 By Jay Young No Comments on Liquidated Damages in Nevada

Liquidated damages in Nevada enforces a remedy to which the parties agreed in the contract, provided that the agreed remedy is not unduly harsh to the defendant and does not fail to provide the plaintiff a meaningful remedy.  Impact Mktg. Int’l LLC, 2012 WL 359914 (citing Mason v. Fakhimi, 865 P.2d 333, 335 (1993) (Under…

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Business Law, J, Jay Young, Top Las Vegas, Nevada Mediator and Arbitrator, Litigation

Elements for the Defense of Laches

Posted on October 29, 2015January 9, 2024 By Jay Young No Comments on Elements for the Defense of Laches

In Nevada, the defense of laches is available where delay by one party results in a disadvantage to the other such that the party seeking the defense of laches had a change in circumstances which would make granting relief to the delaying party inequitable.  Building & Constr. Trades v. Public Works, 108 Nev. 605,839 P.2d…

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J, Jay Young, Top Las Vegas, Nevada Mediator and Arbitrator, Litigation

Do I Need to Hurry and File My Nevada Homestead Exemption?

Posted on October 26, 2015 By Jay Young No Comments on Do I Need to Hurry and File My Nevada Homestead Exemption?

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A Homestead Declaration is a simple document that can protect your home’s equity from attack by creditors. It prevents a forced sale of your home to satisfy your debts to most creditors (unpaid medical bills, bankruptcy, charge card debts, business/personal loans, accidents). Nevada Revised Statutes, Chapter 115 governs the declaration of a homestead. It declares that a homestead is limited to your primary residence. It protects your land with a dwelling on it (including a mobile home or condominium) where you reside. It does not protect any investment or rental property that you own. You are protected up to $550,000 in equity in your primary residence in Nevada.

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J, Jay Young, Top Las Vegas, Nevada Mediator and Arbitrator

Elements for a Claim of Invasion of the Right of Publicity

Posted on October 22, 2015January 9, 2024 By Jay Young No Comments on Elements for a Claim of Invasion of the Right of Publicity

OR APPROPRIATION OF THE NAME AND LIKENESS OF A FAMOUS PERSON In Nevada, the elements for a claim of invasion of privacy by invasion of the right of publicity or appropriation of the name and likeness of a famous person are: Defendant uses the name, voice, signature, photograph or likeness of another by a person,…

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J, Jay Young, Top Las Vegas, Nevada Mediator and Arbitrator, Litigation

Thinking of Forming Your Business Using an Online Service? Is it Tantamount to Playing Russian Roulette?

Posted on October 20, 2015 By Jay Young No Comments on Thinking of Forming Your Business Using an Online Service? Is it Tantamount to Playing Russian Roulette?

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Litigators are fairly well known to be the scourge of the civilized world. After all, they are responsible for the number of lawsuits as well as the enormous costs associated with them, right? The truth is that I know litigators like that, but the majority of business attorneys I know do their best to keep their business clients from getting into legal battles. Saving the client from their own mistakes is sometimes difficult. It is made exponentially more difficult when the business owner decides it is cheaper to form the business using one of the various online services or legal software. They might as well be stamped with a warning that in case of a dispute, they almost guarantee full employment for litigators.

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Business Law, Corporate Governance, Franchise Law, J, Jay Young, Top Las Vegas, Nevada Mediator and Arbitrator

Buying A Business:  Are The Assets Free And Clear Of Liens?

Posted on October 19, 2015January 9, 2024 By Jay Young No Comments on Buying A Business:  Are The Assets Free And Clear Of Liens?

When buying a business, the buyer should ensure that all assets must be free and clear of liens.  As a reminder, when purchasing a business, you can purchase either the ownership (the stock or the membership interest, for example) or the assets.  Either or both can be subject to liens.  Therefore, it is imperative that a lien search be conducted.

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Business Law, Corporate Governance, Franchise Law, J, Jay Young, Top Las Vegas, Nevada Mediator and Arbitrator

Elements for a Claim of Equitable Estoppel or Promissory Estoppel

Posted on October 19, 2015January 9, 2024 By Jay Young No Comments on Elements for a Claim of Equitable Estoppel or Promissory Estoppel

In Nevada, the elements to prove equitable estoppel or promissory estoppel are: Party to be estopped must be apprised of true facts; The party to be estopped must have intended that his conduct shall be acted upon or must so act that the party asserting estoppels has the right to believe it was so intended;…

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Business Law, J, Jay Young, Top Las Vegas, Nevada Mediator and Arbitrator, Litigation

Elements for a Claim of Invasion of Privacy Through Disclosure of False Light

Posted on October 15, 2015January 9, 2024 By Jay Young No Comments on Elements for a Claim of Invasion of Privacy Through Disclosure of False Light

In Nevada, the elements for a claim of invasion of privacy through disclosure of false light are: The defendant gave publicity to a matter concerning the plaintiff that placed the plaintiff before the public in a false light (at least an implicit false statement of objective fact); The false light would be highly offensive to…

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When Should a Business Owner Consider Disability Insurance?

Posted on October 13, 2015February 3, 2024 By Jay Young No Comments on When Should a Business Owner Consider Disability Insurance?

What is Disability Insurance? Disability insurance attempts to insure you against any injury, sickness or illness which would prevent you from earning an income. It is designed to replace up to 66% of your gross income on a tax-free basis should you become disabled. It covers both long term and short term disabilities. Don’t think…

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Business Law, Franchise Law, J, Jay Young, Top Las Vegas, Nevada Mediator and Arbitrator

Proving Defamation in Nevada

Posted on October 8, 2015January 9, 2024 By Jay Young 2 Comments on Proving Defamation in Nevada

In Nevada, the elements for a claim of defamation are:

  1. False and defamatory statement by defendant concerning the plaintiff;
  2. Unprivileged publication of the statement to third party;
  3. Some level of fault amounting at least to negligence; and
  4. Actual or presumed damages. Damages which will be presumed if defamation tends to injure plaintiff in his business (defamation per se).

“Defamation” is defined as “a publication of a false statement of fact.”  Pegasus v. Reno Newspapers, Inc., 118 Nev. 706, 714, 57 P.3d 82, 87 (2002).  To succeed on a defamation claim, a plaintiff must prove the following elements: (a) a false and defamatory statement concerning another; (b) an unprivileged publication to a third party; (c) fault amounting at least to negligence on the part of the publisher; and (d) either actionability of the statement irrespective of special harm, or the existence of special harm caused by the publication.  Lubin v. Kunin, 117 Nev. 107, 111, 17 P.3d 422, 425 (2001) (quoting PETA v. Boby Berosini, Ltd., 111 Nev. 615, 619, 895 P.2d 1269, 1272 (1995) (quoting the Restatement (Second) of Torts: Elements Stated § 558 (1965)) modified on other grounds by Las Vegas Dountown Redev. Agency v. Hecht, 113 Nev. 644, 650, 940 P.2d 134, 138 (1997)).

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