Friday, February 18, 2011

MANDATORY ARBITRATION IN NEVADA

In the Nevada court system, cases involving amounts in controversy of less than $50,000.00 (subject to certain exemptions) are assigned to the court annexed mandatory arbitration program. The goal of this program is to resolve lesser value cases on an expedited basis, with limited discovery, thereby freeing up valuable court resources for application to higher value cases. The case is assigned to a third party arbitrator, who is charged under the Nevada Arbitration Rules, with rendering a decision on the merits of the case within six months (up to twelve in extraordinary circumstances).
Partner Aaron Lovaas serves as an Arbitrator within Nevada's Court Annexed Arbitration Program and Global Business Lawyers has represented scores of clients within arbitration proceedings in Nevada.


Disclaimer: This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. If you have questions or need specific advice relating to the matters contained herein, please contact Lovaas & Lehtinen, P.C.

No comments:

Post a Comment