The development team behind a proposed $1 billion complex of sports arenas in Henderson perpetrated a business fraud against the city of Henderson and the federal government, according to commercial litigation filed by the city against five defendants. Henderson officials say the real estate developer behind the proposed complex never intended to follow through and used the idea as cover to purchase 485 acres of federally-owned land and resell it at a profit.
Proposed Henderson sports complex was a fraud, city says
Court overturns IRS regulations for tax preparer businesses
Owners of tax preparation businesses in Southern Nevada may be glad to hear that strict new regulations of tax preparers proposed by the IRS were shot down by a federal judge in Jan. 18. Attorneys for three tax preparers who filed the litigation against the new regulations argued that the proposed new rules unfairly targeted non-attorney or CPA preparers and exceeded the powers granted to the IRS.
Las Vegas woman: Match.com dates led to violent attack
A Las Vegas woman who nearly died after being attacked by her former boyfriend in 2010 has filed a lawsuit against the Internet dating site she met him through. The plaintiff says in her complaint that the defendant, Match.com, contributed to her injuries by failing to warn her about the risks of online dating. She is seeking nearly $10 million in damages from the defendant business.
Internet business advisors settle federal fraud allegations
Accusations of fraud filed in federal court in Nevada against a business that purported to help its clients' Internet companies succeed were settled Jan. 17. The Federal Trade Commission, which filed the commercial litigation, got most of the 40 defendants to agree to stop business coaching activities and give up significant assets.
MMA promotion accuses star fighter of breach of contract in suit
A mixed-martial arts promotion is in breach of contract litigation with one of its best fighters who tried to jump to Las Vegas-based UFC. At issue is whether the fighter breached a clause in his contract with Bellator MMA, the promotion in the litigation, by failing to recognize that it had matched UFC's contract offer.
Man badly injured in broken elevator incident
While personal injury incidents involving broken elevator are relatively rare in Southern Nevada, when they do those injured in the accident may pursue litigation from the business that owns the building. In an example from another state, an 84-year-old man was critically injured when an elevator in his apartment building malfunctioned as he tried to get inside. Residents of the building said they were concerned about using the elevators in the wake of the incident.
Contract dispute with Las Vegas airline grounds loaded jet plane
In an interesting step, commercial litigation over a contract dispute with a Las Vegas airline led a judge in another state to order one of the airline's fleet of jets grounded -- stranding at least 130 passengers who were set to take flight. A day later, there was confusion whether the Vision Airlines, the airline involved in the litigation, had gotten the plane back, with the company that sold it the engine claiming that it was still under control of the county sheriff.
Mine company CEO settles shareholder fraud case with SEC
Fraud litigation filed by the U.S. Securities and Exchange Commission over a Nevada gold mining operation conducted by an out-of-state company was settled recently, possibly opening the door for the accused company's investors to pursue their losses in civil court. The head of the company, which is called Nekekim Corp., agreed to pay a $50,000 penalty and step down from managing the business.
Tech company loses $1.17B patent infringement trial
Patent infringement litigation in Nevada and across the U.S. can lead to huge verdicts. In a recent example, Marvell Technology Group Ltd., a manufacturer of microchips, was recently ordered to pay $1.17 billion in damages to a university for violating the university's technology patents. However, the company has vowed to either get the guilty verdict overturned or appeal.
