Strategies, Challenges, and Answers

“Reasonable Rental Cost” Not “Financing Cost” Is The Proper Measure Of Damages For Loss Of Use

Loss of UseDisputes over the value of loss of use are common. Sometimes these disputes are small such as the loss of use of a car following an auto accident. Other times, the dispute involves a much bigger piece of equipment.

For example, Asphalt Products Company (APCO) arranged to sell a used bulldozer tractor to All Star Ready Mix. The agreed sales price was $467,000. The sale was memorialized in a written “Intent to Purchase”. APCO then transferred the use of the tractor to All Star. It immediately put the tractor to use, 22 hours a day, in All Star’s concrete mixing business.

A lender gave All Star a letter of commitment that contemplated a monthly payment of $10,427.17. All Star paid the lender $10,000 in earnest money. But three months later, the financing fell through. APCO had to repossess the tractor.

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#TBT Nevada’s Guest Statute Declared Unconstitutional

the girl waiting the car with cardboard

On Social Media, people like to celebrate “Throw Back Thursday”.  On Thursdays, with a reference to hashtag #TBT, people post old photos of themselves, their families and their cities.  In that tradition, this post qualifies as a legal “Throw Back … [Continue reading]

We are Always Looking for One or Two More Good Clients . . . Even When Business is Great

The Missing Piece

One of the questions frequently asked is whether we are accepting new clients. While the short answer is “Yes”, here is some additional information which many people find interesting. Our law firm, Mills & Associates is committed to client … [Continue reading]

Please Nominate “Nevada Insurance Law” For The 2014 ABA Journal Blawg 100 Award

Film Award

Since 2007, the American Bar Association has annually recognized 100 law blogs that are helpful, creative and engaging.  Mills & Associates believes that our Nevada Insurance Law blog should join the list of ABA Blawg Honorees in 2014. Before … [Continue reading]

Even Though An Employee Is A Supervisor, If Not A “Managing Agent”, Employer Not Liable For Punitive Damages For Employee’s Acts

security officer uniform shoulder patch

A night of fun at the Gold Coast Hotel and Casino turned into a nightmare for Dedric Holman and Christina Edwards. The two were enjoying some gambling in the pre-dawn hours of February 19, 1994. Dedric was sitting at a blackjack table when Christina … [Continue reading]