Remember a few weeks ago when we mentioned the Adam Stokes v. Richard Harris case relating to personal injury loans? Now Stokes and Injuryloans.com LLC are suing the State of Nevada. Case number A-15-724408-C for those of you who would like more details into the regulatory allegations in the other lawsuit.
Here’s an editorial on why district court judges should decide the merits of collective bargaining reform. [RJ]
A foster family is appealing the loss of its license after a gun incident. [RJ]
I'm anything but a fan of Stokes and his "business model," but he should be able to rely on what the State tells him concerning whether he needs a license or not.
Stokes is as a desirable as a Tonopah railroad public bathroom. Why idiots keep going into business with this guy is beyond me. Coburn and Harris are morons. You get what you deserve.
I'd say the last 4 years of Boyd grads have been overall a bad product. Everyone must graduate there with high honors based on their likely grade inflation. I do not hire Boyd graduates. The good people went to the So. Cal schools or Arizona law schools.
I really enjoy the Eighth Judicial District Court clerks. Have no idea what they are talking about. Lie about what is required on a filing. What can you say, they are employees of Steve Grierson.
There are some nasty bitches down at the Clerk's office. Some of the shit that goes on down there would make your skin crawl. Fat asses need to get fired!
Agree with you. Cannot decide whose worse marshalls at the gate who commit their daily battery on attorneys and the public, or the idiotic court clerks. Ah, Grierson, ah sweet, sweet Grierson.
Attorneys hate way too much. Yes some of the clerks are bitches and yes some Boyd grads are retarded. But when I worked in San Diego every Cal Western grad was a fucking idiot, without fail. And now we're saying they're better than Boyd? I'm going to disagree.
When I worked in San Diego, we were disdainful towards Thomas Jefferson grads. Then I went to a big-name fancy firm and one of the best lawyers there went to TJ. Granted, the dude put in the leg work to get there–he learned his craft and built a huge book of business. It made me feel pretty dumb to see this "lowly" TJ guy run circles around other lawyers. I felt like maybe I should judge each person on their own merits as opposed to casting aspersions on an entire group based on a few isolated experiences.
I hear Stokes even gave the State a copy of the contract to read and obtained their blessing in writing on the contract ALL BEFORE STARTING HIS BUSINESS. I don't care for Stokes either, but we can all agree this guy is not a dummy. If the State blessed his contract in advance then I hope Stokes blasts them.
Guest
anonymous
September 14, 2015 8:03 pm
Agree completely- but if the allegations of the complaint are to be believed, he disclosed exactly what he was doing. We'll see how that plays out once the motion practice gets underway.
Guest
Anonymous
September 15, 2015 11:50 pm
It just seems like the 2011-2013 crew is bad bunch at Boyd. Could not write or argue their way out of a paper bag. Glad to see they are affiliated with Half-Price lawyers.
Only the best and brightest come out of Half-Price Lawyers: Koren Boyd and Yonesawa
Guest
Anonymous
September 16, 2015 12:24 am
OMG I don't know who is worse, Greerson or Cash, both are significant asses, who should find there keesters out on Lewis Avenue.
Guest
Anonymous
September 17, 2015 5:33 am
CARSON CITY — A Las Vegas company that provides immediate and upfront financial help to individuals with pending personal injury lawsuits is now in limbo after a state agency reversed course and recently told the firm that it would have to be licensed under a Nevada law covering installment loans.
As a result of the change in position, InjuryLoans.com filed a lawsuit against the Nevada Financial Institutions Division for what owner Adam Stokes said would be severe financial hardship and loss of a significant investment.
The lawsuit, filed Friday in Clark County District Court, says that the company initially applied for a license with the agency for a high-interest rate business but was told in January to withdraw its application because funds provided to clients were not loans in the sense that there would be no recovery if the personal injury lawsuit did not ultimately favor the client.
But five months after starting operations and investing $1.5 million, the lawsuit says the Financial Institutions Division rescinded its decision and is now requiring the company to be licensed, putting it in limbo because it cannot provide assistance without first obtaining the license required in state statute for installment loans.
The July letter to the company provides no explanation for the change of position, only noting that InjuryLoans relied upon "erroneous information" contained in the initial letter sent by the agency.
"The FID's inconsistent and unreasonable interpretation and application of NRS licensing requirements … have worked to decimate Injuryloans' cashflow, exacerbate Injuryloans' liabilities, and suffocate Injuryloans' business, business opportunities and potential for growth," the lawsuit says.
In a statement, Stokes said: "There is now an impression in the community that we've been operating illegally, without a license. We were operating without a license because the FID told us we didn't need one. I respect the FID's authority, and always seek to comply with all applicable rules. That is why I reached out to them before starting my business. I had their blessing to operate without a license."
The complaint says that since the commencement of business operations, Injuryloans has experienced an extremely high demand from persons with pending personal-injury cases for the financial assistance the company provides. This assistance has helped Injuryloans' clients to avoid eviction and obtain needed car repairs and allowed them to stay afloat financially so their attorneys can fight for a larger recovery.
"Insurance companies know that injured parties in financial need will ultimately settle for less if they can prolong the lawsuit," said Josh Reisman, attorney for InjuryLoans.com. "My client provides bridge support to these individuals so that they can be treated fairly. This support comes at great risk to the company because there is no guarantee that the suit will be successful."
InjuryLoans.com is seeking a declaratory judgment that the company does not need to be licensed as required by the FID, an injunction preventing the FID from criminally prosecuting the company and its owner, and damages for the destruction of InjuryLoans.com's business.
The agency could not immediately be reached for comment.
The situation mirrors another case in 2009 when the division initiated proceedings against a similar business run by "Pawn Stars" reality show star Rick Harrison. The agency dropped its action after Harrison showed that his business providing cash to plaintiffs in lawsuits did not require a license.
I'm anything but a fan of Stokes and his "business model," but he should be able to rely on what the State tells him concerning whether he needs a license or not.
I'm inclined to agree; and I can't stand the guy.
Stokes is as a desirable as a Tonopah railroad public bathroom. Why idiots keep going into business with this guy is beyond me. Coburn and Harris are morons. You get what you deserve.
WTH is up with the Boyd graduates, circa 2011-2012. Never saw a bunch of bigger idiots in my life. Do not understand what a pleading is.
I'd say the last 4 years of Boyd grads have been overall a bad product. Everyone must graduate there with high honors based on their likely grade inflation. I do not hire Boyd graduates. The good people went to the So. Cal schools or Arizona law schools.
I really enjoy the Eighth Judicial District Court clerks. Have no idea what they are talking about. Lie about what is required on a filing. What can you say, they are employees of Steve Grierson.
There are some nasty bitches down at the Clerk's office. Some of the shit that goes on down there would make your skin crawl. Fat asses need to get fired!
Agree with you. Cannot decide whose worse marshalls at the gate who commit their daily battery on attorneys and the public, or the idiotic court clerks. Ah, Grierson, ah sweet, sweet Grierson.
Leonard Cash is nice. He allows marshalls to strangle women, and he gets to keep his job. Where the hell is the County Manager?
Over the last few years we've had a couple of good Boyd grads and a few who were horrible.
Walmart and McDonald's have better quality employees than RJC.
Attorneys hate way too much. Yes some of the clerks are bitches and yes some Boyd grads are retarded. But when I worked in San Diego every Cal Western grad was a fucking idiot, without fail. And now we're saying they're better than Boyd? I'm going to disagree.
When I worked in San Diego, we were disdainful towards Thomas Jefferson grads. Then I went to a big-name fancy firm and one of the best lawyers there went to TJ. Granted, the dude put in the leg work to get there–he learned his craft and built a huge book of business. It made me feel pretty dumb to see this "lowly" TJ guy run circles around other lawyers. I felt like maybe I should judge each person on their own merits as opposed to casting aspersions on an entire group based on a few isolated experiences.
@10:49 – Who invited you here with your reasonable comments? We don't need any of that.
Nice use of the word "retarded." Nothing hateful about speaking the truth.
The State should also be able to rely on what he says to make that determination accurately.
I hear Stokes even gave the State a copy of the contract to read and obtained their blessing in writing on the contract ALL BEFORE STARTING HIS BUSINESS. I don't care for Stokes either, but we can all agree this guy is not a dummy. If the State blessed his contract in advance then I hope Stokes blasts them.
Agree completely- but if the allegations of the complaint are to be believed, he disclosed exactly what he was doing. We'll see how that plays out once the motion practice gets underway.
It just seems like the 2011-2013 crew is bad bunch at Boyd. Could not write or argue their way out of a paper bag. Glad to see they are affiliated with Half-Price lawyers.
The 2011-13 crew probably has 400 people in it. Are they all bad?
Most of them. Have you dealt with Amy Yonesawa? She is a nightmare. I won't vote for Jerry Tao because of her.
I could keep naming, but I won't horrible.
Only the best and brightest come out of Half-Price Lawyers: Koren Boyd and Yonesawa
OMG I don't know who is worse, Greerson or Cash, both are significant asses, who should find there keesters out on Lewis Avenue.
CARSON CITY — A Las Vegas company that provides immediate and upfront financial help to individuals with pending personal injury lawsuits is now in limbo after a state agency reversed course and recently told the firm that it would have to be licensed under a Nevada law covering installment loans.
As a result of the change in position, InjuryLoans.com filed a lawsuit against the Nevada Financial Institutions Division for what owner Adam Stokes said would be severe financial hardship and loss of a significant investment.
The lawsuit, filed Friday in Clark County District Court, says that the company initially applied for a license with the agency for a high-interest rate business but was told in January to withdraw its application because funds provided to clients were not loans in the sense that there would be no recovery if the personal injury lawsuit did not ultimately favor the client.
But five months after starting operations and investing $1.5 million, the lawsuit says the Financial Institutions Division rescinded its decision and is now requiring the company to be licensed, putting it in limbo because it cannot provide assistance without first obtaining the license required in state statute for installment loans.
The July letter to the company provides no explanation for the change of position, only noting that InjuryLoans relied upon "erroneous information" contained in the initial letter sent by the agency.
"The FID's inconsistent and unreasonable interpretation and application of NRS licensing requirements … have worked to decimate Injuryloans' cashflow, exacerbate Injuryloans' liabilities, and suffocate Injuryloans' business, business opportunities and potential for growth," the lawsuit says.
In a statement, Stokes said: "There is now an impression in the community that we've been operating illegally, without a license. We were operating without a license because the FID told us we didn't need one. I respect the FID's authority, and always seek to comply with all applicable rules. That is why I reached out to them before starting my business. I had their blessing to operate without a license."
The complaint says that since the commencement of business operations, Injuryloans has experienced an extremely high demand from persons with pending personal-injury cases for the financial assistance the company provides. This assistance has helped Injuryloans' clients to avoid eviction and obtain needed car repairs and allowed them to stay afloat financially so their attorneys can fight for a larger recovery.
"Insurance companies know that injured parties in financial need will ultimately settle for less if they can prolong the lawsuit," said Josh Reisman, attorney for InjuryLoans.com. "My client provides bridge support to these individuals so that they can be treated fairly. This support comes at great risk to the company because there is no guarantee that the suit will be successful."
InjuryLoans.com is seeking a declaratory judgment that the company does not need to be licensed as required by the FID, an injunction preventing the FID from criminally prosecuting the company and its owner, and damages for the destruction of InjuryLoans.com's business.
The agency could not immediately be reached for comment.
The situation mirrors another case in 2009 when the division initiated proceedings against a similar business run by "Pawn Stars" reality show star Rick Harrison. The agency dropped its action after Harrison showed that his business providing cash to plaintiffs in lawsuits did not require a license.