nevada llc corporation



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Why Nevada?  
Why Incorporate in Nevada?  
Nevada Law is backed by 50 Years of "No Nonsense" Case Law  

Nevada has over 50 years of case law backing up its corporations. The court system in Nevada is very pro-business oriented.

The "Corporate Veil" has only been pierced once in the last 20 years. As Roland vs. Lepire and Polaris Indus. Corp. v. Kaplan proved, unless outright fraud is involved, it is impossible to pierce the corporate veil in Nevada.

In re: Paladin Commerce Center, LLC, Debtor, General Electric Credit Equities, Inc. v. Barry Thalden The United States District (Bankrupcy) Court for the District of Nevada held that an assignee of the economic and membership rights in the debtor-Limited Liability Company did not obtain managerial and voting rights in the debtor- Limited Liability Company because the assignee failed to comply with the requirements of becoming a substituted member with voting and managerial rights as set out in the debtor- Limited Liability Company’s operating agreement. The district court affirmed the decision of the Bankruptcy Court, holding that the only method by which an assignee or transferee of a membership interest could obtain voting and management rights is pursuant to the Operating Agreement.

In Gil Hyatt vs. California Franchise Tax Board, the Nevada court system showed that it is willing to hear lawsuits against out-of-state tax collectors for allegations of outrageous conduct against its residents. In fact the Nevada Jury awarded Gil Hyatt a total of $388 Million dollars for harassment and invasion of privacy!


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