Nevada Supreme Court Affirms Ruling in Favor of Publicly Traded Client
Prevailed in corporate litigation appeal before the Nevada Supreme Court. Shareholders invoked the "substantial benefit" doctrine and demanded that our client, a publicly traded corporation, pay $250,000 in attorney's fees because the corporation took corrective action in response to the Shareholders' demand letter. The Shareholders, however, never filed suit on the corrective action. The Nevada Supreme Court held that the substantial benefit doctrine in Nevada (analogously called the "corporate benefit doctrine" in Delaware) requires predicate litigation before shareholders can recover attorney's fees. This was a case of first impression for a state supreme court and implicates shareholder litigation across the nation.
$55.4 Million Golf Course Sale
Represented the developer of a golf course in a five-year, $55.4 million sale, involving $31.7 million purchase of Bureau of Land Management reversionary patent and significant re-zoning by local government.
$15 Million Equipment and Real Property Acquisition
Represented the buyer in a $15 million equipment and real property acquisition.
Summary Judgment for Marijuana Dispensary in Real Estate Dispute
Won summary judgment in favor of a marijuana dispensary in a real estate dispute over whether a cannabis dispensary qualified as a “head shop” under certain Covenants, Conditions and Restrictions (CC&Rs) and Nevada law.
Managed Unauthorized Diversion of Marijuana Products
Successfully managed marijuana client’s crisis of unauthorized diversion of cannabis products, including corporate investigation and regulatory representation.
Successful Motion to Dismiss
Procured dismissal for publicly traded Nevada company in shareholder dispute.
$55 Million Redevelopment Project
Representation of real estate developer in approximately $55 million golf course redevelopment project.
Representation of Large Segment of the Nevada Marijuana Industry
Since 2013, assisted and counseled an ever-growing number of marijuana businesses and establishments through all phases of operation – from startups, through financing, mergers and acquisitions, corporate governance, land use and licensing.
Represent Multiple, Multimillion-Dollar, Publicly Traded Canadian Companies in Acquisitions of Nevada Marijuana Facilities
Represented multiple, multimillion-dollar, publicly traded Canadian companies in acquisitions of Nevada cannabis facilities and in state and local regulatory compliance.
Successful Licensure for Clients in Nevada Medical Marijuana Industry
Assisted clients in preparing detailed applications for licenses to grow, produce and dispense medical marijuana in an intensely competitive process under Nevada’s 2013 Medical Marijuana Establishments Program.