Nevada

Nevada is the 7th most extensive state with a land area of over 110,500 sq.miles, and nearly 3 million population, making it the 34th most populous US state.  It is well-known and attracts visitors from all over the world for its 24-hour Casinos, the Grand Canyon, and other points of interest.  Nevada’s capital city is Carson, and most populous and heavily visited city is Las Vegas.

Nevada is well-known for being a liberal state. Although it was the least-populated state with approximately 110,000 residents in 1940, it was the first to legalize gambling, and is known for its liberal approach on same-sex marriage, divorce laws, and other legislation throughout the state. It is also the only US state where prostitution is legal. The state of Nevada is the fourth-largest gold producer in the world, however its tourism industry is by far the largest economic driver, followed by the mining sector.

Nevada State Government

Nevada’s state government is divided among the Executive, the Judicial and the Legislative.  The Executive branch consists of the state’s governor, and his or her cabinet, as well as other elected officers.  The Legislative branch contains the Nevada Legislature, including both houses: the State Assembly and the Senate.

The Judicial branch consists of the Supreme Court of Nevada, and lower courts.  District Courts, Justice Courts and Municipal Courts share original jurisdiction in the state.  The District courts have general jurisdiction, while Justice and Municipal have limited jurisdictions.  Appeals in the state go directly to the Nevada Supreme Court, which has discretion to send cases to the Nevada Court of Appeals to be decided.

Political party strength lies with the Republican Party, although it is a liberal state in terms of its legislation. In the previous three Presidential Elections, the state has voted for the Democratic candidate (Obama and Clinton). The state has 6 electoral votes which go towards the 270 in deciding for Federal Presidents during elections.

The National Law Review covers political stories, events, and news from the state of Nevada, as they relate to locals, neighboring states, and the US in general. Stories involving labor and workplace laws, same-sex marriage, legalized gambling, financial institutions, bankruptcy and tax law, and immigration, are among the different topics covered by the National Law Review. Visitors will find the most up to date coverage, and news from the state, and how it impacts the local and federal government systems.

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Nov
18
2014
Nevada’s Business Judgment Rule: FDIC – 4; Management – 0 Allen Matkins Leck Gamble Mallory & Natsis LLP
Jun
29
2015
New LLC Is Not Delivered By Sale Membership Interests Allen Matkins Leck Gamble Mallory & Natsis LLP
Jul
22
2016
Nevada Supreme Court Refuses To “Blue Pencil” Unreasonable Non-Compete Allen Matkins Leck Gamble Mallory & Natsis LLP
Sep
23
2016
SEC Overlooks Nevada’s Transfer Agent Licensing Laws Allen Matkins Leck Gamble Mallory & Natsis LLP
Jun
13
2017
Is It A Breach Of Fiduciary Duty To Fail Or Refuse To Conform To Delaware’s Judicial Decisions Or Practices? Allen Matkins Leck Gamble Mallory & Natsis LLP
Jul
31
2017
Does Disclosure Of Results Of Internal Investigation Constitute Subject Matter Waiver? Allen Matkins Leck Gamble Mallory & Natsis LLP
Sep
27
2017
How To Win Custody Of A Corporation Allen Matkins Leck Gamble Mallory & Natsis LLP
Mar
21
2019
Irony Of Ironies: Massachusetts Court Issues First Opinion Applying Nevada Internal Affairs Statute Allen Matkins Leck Gamble Mallory & Natsis LLP
Oct
13
2020
Nevada Supreme Court Finds California Precedent "Persuasive" In Appeal Of Derivative Action Allen Matkins Leck Gamble Mallory & Natsis LLP
Feb
2
2021
Nevada Supreme Court Upholds Blue Penciling Of NonCompete Allen Matkins Leck Gamble Mallory & Natsis LLP
Aug
4
2021
Looking For Stiffer Loan Terms? Nevada May Be Able To Help Allen Matkins Leck Gamble Mallory & Natsis LLP
Oct
19
2022
Nevada Supreme Court Affirms Contemporaneous Ownership Requirement In LLC Derivative Action Allen Matkins Leck Gamble Mallory & Natsis LLP
Apr
12
2024
Is There Any Repose For A Dissolved Nevada Corporation? Allen Matkins Leck Gamble Mallory & Natsis LLP
May
1
2013
Before This Corporation Was Formed, This Contract Knew It Allen Matkins Leck Gamble Mallory & Natsis LLP
Jan
28
2014
Nevada’s New Business Portal Collects $100 Million In State Revenue Allen Matkins Leck Gamble Mallory & Natsis LLP
Jul
8
2014
When It Comes To Director Compensation Claims, Nevada And Delaware Are Fundamentally Different Allen Matkins Leck Gamble Mallory & Natsis LLP
Mar
3
2016
What’s The Proper Interval Between Annual Meetings? Allen Matkins Leck Gamble Mallory & Natsis LLP
Oct
11
2016
Corporate Officers: Got Business Judgment Rule? Nevada Says Yes, Delaware Maybe Not Allen Matkins Leck Gamble Mallory & Natsis LLP
Feb
28
2017
Should Corporate Law Preserve Honor Of Salmon Or Fairness To Meinhard? Allen Matkins Leck Gamble Mallory & Natsis LLP
Oct
3
2017
Delaware Special Litigation Committee Review “Could Stand A Good Tweaking” Allen Matkins Leck Gamble Mallory & Natsis LLP
Mar
22
2019
But Wait, Nevada Already Has A Fee Shifting Statute Allen Matkins Leck Gamble Mallory & Natsis LLP
Oct
16
2020
Why Are Stockholders Of A Nevada Corporation Invoking The DGCL? Allen Matkins Leck Gamble Mallory & Natsis LLP
Feb
4
2021
Nevada Begins 81st Legislative Session With Proposal For Significant Corporate Law Changes Allen Matkins Leck Gamble Mallory & Natsis LLP
May
31
2013
Accountant’s Defamatory Report To Audit Committee Held To Be Absolutely Privileged Allen Matkins Leck Gamble Mallory & Natsis LLP
Aug
4
2014
Amerco Stockholder Proposal Seeks To Ratification Of All Decisions And Actions Allen Matkins Leck Gamble Mallory & Natsis LLP
Mar
18
2016
California And Nevada Corporations Can Do This But Not Delaware Corporations Allen Matkins Leck Gamble Mallory & Natsis LLP
Mar
20
2017
Nevada Legislature Mulls Codification Of Internal Affairs Doctrine Allen Matkins Leck Gamble Mallory & Natsis LLP
Oct
4
2017
Nevada Now Requiring Director Names Upon Incorporation Allen Matkins Leck Gamble Mallory & Natsis LLP
Apr
5
2018
Court Applies Corporate Alter Ego Law To Nevada LLC Allen Matkins Leck Gamble Mallory & Natsis LLP
Apr
3
2019
Court Finds Nevada Corporate Law To Be No Bar To Alter Ego Claim Allen Matkins Leck Gamble Mallory & Natsis LLP
Dec
10
2019
Is This Blog Printed? Allen Matkins Leck Gamble Mallory & Natsis LLP
Oct
19
2020
Court Finds Derivative Claims Involving Nevada Corporation Were Not "Validly In Litigation" Allen Matkins Leck Gamble Mallory & Natsis LLP
Jan
28
2022
Here Is Something A Board Can Do Under Nevada, But Not California, Law Allen Matkins Leck Gamble Mallory & Natsis LLP
May
23
2023
Does A Board Have a Fiduciary Duty to Eliminate Delaware Franchise Taxes by Reincorporating in Nevada? Allen Matkins Leck Gamble Mallory & Natsis LLP
Feb
9
2024
When California and Nevada Went to War Against Each Other Allen Matkins Leck Gamble Mallory & Natsis LLP
 

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