Gun confiscation under Nevada’s “red flag” law ticking up after slow start. [TNI]
CCSD unanimously selected its new superintendent. [TNI; RJ]
The Nevada Supreme Court issued an opinion yesterday in MMV Invs. LLC VS. Dribble Dunk, LLCadopting a minority approach of allowing the contractual waiver of statute-of-limitations defenses. Some of you already started the conversation yesterday, but what are the ramifications of this decision?
Dribble Dunk is the millions of a dollar debacle of a basketball area that the County Commission allowed to be perpetrated on the citizens of this county. THAT deserves more attention.
You can’t waive bankruptcy protection for the reason that, if you could, every single contract with any borrowers, intellectual property licenses, leases, etc, would ALL include a bankruptcy protection waiver.
You should not be able to waive statute of limitations in a contract for the same reason. If the purpose of an SOL is so that the party at risk of being sued can have some definite knowledge of when claims against him/her are past, then allowing statutory protections of an SOL to be waived in a loan contract violates that.
What we’ll see now is every loan agreement will include a statute of limitations waiver. There’s a possibility that consumer protection laws will be used to protect individuals, but in business transactions we’ll start seeing them all include them.
Blog is dead.
Don’t forget to have some pie on Pi Day.
Dribble Dunk is the millions of a dollar debacle of a basketball area that the County Commission allowed to be perpetrated on the citizens of this county. THAT deserves more attention.
Red FlAG Laws are unconstitutional and BS
I see a red flag now.
https://theappeal.org/supreme-court-brenda-andrew-sexism-ccould-give-women-new-trials/
You can’t waive bankruptcy protection for the reason that, if you could, every single contract with any borrowers, intellectual property licenses, leases, etc, would ALL include a bankruptcy protection waiver.
You should not be able to waive statute of limitations in a contract for the same reason. If the purpose of an SOL is so that the party at risk of being sued can have some definite knowledge of when claims against him/her are past, then allowing statutory protections of an SOL to be waived in a loan contract violates that.
What we’ll see now is every loan agreement will include a statute of limitations waiver. There’s a possibility that consumer protection laws will be used to protect individuals, but in business transactions we’ll start seeing them all include them.
And wouldn’t such a BK waiver have to come in federal law?