"Capital Advisors, LLC vs. Cai, 140 Nev. Adv. Op. 34 (May 23, 2024)" by Ashley Burt
 

Authors

Ashley Burt

Document Type

Case Summary

Publication Date

5-23-2024

Case Synopsis

The Nevada Supreme Court consolidated appeals from district court orders granting a motion for summary judgement on a case involving the liability of officers and directors of a parent company who allegedly had knowledge of actions adverse to the parent company conducted by a wholly owned subsidiary. The court affirmed the decision of the district court in part, reversed in part, vacated in part, and remanded.

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