Nevada One Step Closer to Getting a Dedicated Business Court

Nevada one step closer to getting a dedicated business court

The Nevada Supreme Court created a commission to develop rules and regulations for a business court in the latest move to curb Delaware’s dominance in corporate filings.

Nevada Supreme Court announces plans for dedicated business court

Nevada Supreme Court Chief Justice Doug Herndon. (Photo: Richard Bednarski/Nevada Current)The chief justice of the Nevada Supreme Court on Thursday announced plans to pursue the creation of a dedicated business court, saying a resolution currently under consideration by the state legislature is not necessary. Chief Justice Douglas Herndon intends to file a petition next month with the Nevada Supreme Court to approve the creation of a Commission …

Nevada Legislature Approves Amendments To The State's Corporate Law

In prior posts, I have discussed some the changes that AB 239 would make to Nevada’s corporate law.  See Nevada Bill Would Expressly Allow Directors To Approve Documents In “Preliminary Form”, In More Bad News For Delaware, Nevada Legislature Proposes To Allow Jettisoning Jury Trials For “Internal Actions”, and Nevada Bill Would Impose A Duty That Directors Be Informed.  Last week, I testified in my individual capacity in support of the bill bef…