There comes a time in the life of a business when leadership must be passed from one generation to the next. After watching her paternal grandfather’s butcher shop go through liquidation and her maternal grandfather’s printing shop be sold off after an unexpected death in the family, Oksana Komarnyckyj, a merger and acquisitions advisor and managing director for IBG Business, … [Read more...] about Succession Planning in Nevada
Nevada law
Top Rank Attorneys2023
Top Rank Attorneys (formerly known as Legal Elite) has been featured in Nevada Business Magazine since 2007. The list is comprised of respected attorneys across the state who are voted for inclusion by their peers. Polling for Top Rank began in mid-February of this year and several thousand nominations were submitted. Each attorney that made it on the list not … [Read more...] about Top Rank Attorneys
Everything Must GoBankruptcies in Nevada
Bankruptcies might not be hitting Nevada as hard as they were during and immediately following the Great Recession, but they’re still impacting the state’s economy. At the height of the recession’s bankruptcy fallout in 2009, 60,837 businesses filed in the U.S., according to the American Bankruptcy Institute (ABI). That number was down to 22,232 in 2018, the last full year … [Read more...] about Everything Must Go
Legal Elite 2019The Silver State’s Top Attorneys
Now in it’s twelfth year, Legal Elite is an annual list showcasing Nevada’s top attorneys as chosen by their peers. The attorneys appearing in the following lists represent the best of the best. Polling for Legal Elite 2019 began in mid-February and nearly 5,000 nominations were submitted by licensed attorneys in Nevada. Each submission then went through an extensive … [Read more...] about Legal Elite 2019
Protecting Your Intellectual PropertyLaw Practices Booming
Ask an attorney who specializes in intellectual property (IP) law just about any question, and the answer is likely to be the same. Should a company file for a patent? It depends. Should a business file for an injunction to stop unauthorized use of a trademark? It depends. But one question isn’t getting the stock answer these days. How’s business for intellectual property … [Read more...] about Protecting Your Intellectual Property
Legal Elite 2018: The Silver State’s Top Attorneys
Now in its eleventh iteration, Legal Elite presents Nevada’s top attorneys as chosen by their peers. This annual list showcases the attorneys the legal industry has named as the best of the best. Polling for Legal Elite 2018 began at the end of February and nearly 6,000 nominations were submitted by licensed attorneys in Nevada. Each submission then went through an extensive … [Read more...] about Legal Elite 2018: The Silver State’s Top Attorneys
Pisanelli Bice Welcomes Associate Kirill V. Mikhaylov
James J. Pisanelli and Todd L. Bice, founding partners of Pisanelli Bice, announce that Kirill V. Mikhaylov has joined the firm as an associate attorney. Mr. Mikhaylov will primarily practice commercial litigation. He has represented clients in a variety of matters, including professional negligence, contract disputes, construction defect, general liability, product defect, … [Read more...] about Pisanelli Bice Welcomes Associate Kirill V. Mikhaylov
Legal Opinions 2017: Expert Knowledge for Nevada Businesses
Legal Opinions, a Nevada Business Magazine feature for the past six years, is a compilation of expert knowledge on a variety of topics. Written by attorneys, all of whom are highly educated on their featured topic, this special report is a one-stop resource for executives. Articles in the 2017 edition of Legal Opinions range from marijuana to litigation and provide … [Read more...] about Legal Opinions 2017: Expert Knowledge for Nevada Businesses
Cyber Challenges in the Gaming Industry: For the House to Win, It Can’t Gamble on Cybersecurity
With large troves of sensitive consumer financial data and more cash transactions per minute than some of the world’s largest banks, today’s gaming and casino institutions are ideal targets for cybercriminals seeking hefty payouts. Casinos also have to guard multiple points of entry, from on-site stores, restaurants, entertainment venues, ATMs and point-of-sale … [Read more...] about Cyber Challenges in the Gaming Industry: For the House to Win, It Can’t Gamble on Cybersecurity
A Busy Period For the Nevada Supreme Court
Business professionals often complain that the lack of case law in Nevada creates a climate of uncertainty for business decision-making. The Nevada Supreme Court has been working to change that and, in recent months, the Court was particularly productive, issuing numerous published opinions that affect Nevada’s businesses and the real estate market. Following … [Read more...] about A Busy Period For the Nevada Supreme Court
Administrative Law and Commerce: The Inevitable Yet Unpredictable Collision Between Business and the Regulatory State
As government grows so, too, does its so-called “fourth branch” made up of administrative agencies? In theory, these agencies are the law’s enforcers, tasked with implementing and executing legal commands. In practice, they do much more. They may also be the law’s creators, its interpreters, and its adjudicators – all at the same time. They speak first when … [Read more...] about Administrative Law and Commerce: The Inevitable Yet Unpredictable Collision Between Business and the Regulatory State
Protecting Purchasers in Commercial Property Transactions
Congratulations! Your company just bought a large commercial property to manufacture its widgets. Unfortunately, you just received a notice from the Nevada Division of Environmental Protection (NDEP) that the previous owner dumped its manufacturing chemicals down the drain. The pipes leaked and now the soil and groundwater are contaminated. The seller is out … [Read more...] about Protecting Purchasers in Commercial Property Transactions
Nevada’s Gaming Past Illuminates The Marijuana Industry’s Future
When the Nevada Legislature legalized gaming in 1931, the publisher of the Nevada State Journal called the act, “legalized liberality.” The small railroad stop of Las Vegas issued its first gaming license to a woman named, “Mayme Stocker.” A true pioneer, Ms. Stocker ran the Northern Club along Fremont Street, which had been operating in a gray legal area by … [Read more...] about Nevada’s Gaming Past Illuminates The Marijuana Industry’s Future
Business Succession Planning: Do It Now, Before It’s Too Late
According to the Small Business Administration, small businesses make up approximately 99.7 percent of U.S. employer firms. Of that number, approximately 78.5 percent of U.S. small businesses are non-employer (businesses without employees). More than 50 percent of all small business owners are 50 or older. Although small business owners usually understand the … [Read more...] about Business Succession Planning: Do It Now, Before It’s Too Late
Does the Management of Your LLC Owe a Duty to Act in the Interests of the LLC and the Members?
This is not a trick question, and the answer is – it depends. There are several advantages to using a Limited Liability Company (LLC) in Nevada. The Nevada Limited Liability Company Act affords owners (members) wide flexibility and freedom to decide how to operate and manage the entity. These are important decisions, usually made at the time the LLC is created. A … [Read more...] about Does the Management of Your LLC Owe a Duty to Act in the Interests of the LLC and the Members?