New Incorporations Increasing in Nevada

According to the Quarterly Business Report from Nevada Secretary of State Ross Miller posted on April 14, 2011, new entity filings in Nevada for the first quarter of 2011 have increased by 11.6% over the first quarter of 2010. The most significant increases were in filings for new Limited Liability Companies (LLCs) with 1,382 more LLCs filing as new entities in Nevada in the first quarter of 2011 than in the first quarter of 2010.

Nevada Business Law

Despite Nevada's growing popularity as a location for the incorporation of new businesses, Nevada business law resources are few and far between. There are some basic public resources: the Nevada Revised Statutes are available online and Nevada Secretary of State Ross Miller has developed a website to answer the question "Why Nevada?" The Nevada Law Journal, which is run by students of the William S. Boyd School of Law at the University of Nevada, Las Vegas, publishes Nevada Supreme Court Summaries, Nevada Supreme Court Commentaries, Nevada Legislative Summaries, and Nevada Legislative Commentaries. A local law firm, Lionel Sawyer & Collins, also publishes a guide entitled "Doing Business In Nevada: A Practical Guide." However, although Nevada has dedicated business courts and judges, case law is limited because lower courts in Nevada do not publish opinions and, in fact, often do not issue opinions. On this blog, I will post information about Nevada business law and, hopefully, create a space where practitioners and others will contribute their knowledge of business law in Nevada and engage in a useful discourse.