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Legal Alert - Creditors’ Deficiency Rights Impacted by Recent Nevada Supreme Court Opinion in Sandpointe Apartments, LLC v. Eighth Judicial District Court

11/20/2013

By Bob L. Olson and Morgan Petrelli

On November 14, 2013, in Sandpointe Apartments, LLC v. Eighth Judicial District Court, 129 Nev. Adv. Op. 87 (Nov. 14, 2013), and in Branch Banking and Trust Co. v. Neilson, (Nov. 14, 2013) (unpublished), the Nevada Supreme Court interpreted a recent Nevada statute enacted in 2011 which significantly affects creditors’ deficiency rights.

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