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30 Cards in this Set
- Front
- Back
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Issue Preclusion
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1) Issue decided in the prior litigation must be identical to the issue presented in the current action
2) Initial ruling must have been on the merits and become final 3) party against whom the judgment is asserted must have been a party or in privity with the party to prior litigation 4) Issue was actually and neccessarily litigated |
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Motion to Set Aside a Default Judgment
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1. Show good cause
2. Mistake, inadvertance, excusable neglect, newly discovered evidence, and fraud Must be brought within reasonable time and not more than 6 months after date of judgment was entered. |
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NV Long Arm Statute
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1) Significant and substantial contacts connected to the cause of action
2) Minimum Contacts so as not to offend fair play and substantial justice 3) Purposeful availment such that D has reasonable expectation of being haled into a NV court. 4) court will also consider convenience and state's interest in providing forum for its citizens. |
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Removal
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1) within 30 days of service of process
2) case could have properly been filed in federal court 3) all D's join the motion for removal 4) Court must have jurisdiction over the parties and subject matter of the action. |
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Federal Venue
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Proper where all Defendants reside or where substantial part of the events occured.
For Diversity cases venue is proper where any Defendant is subject to PJ |
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What if a case is transferred to a new forum? Who's choice of law rules apply?
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The transferring court's rules apply if the original forum was proper.
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Impleader
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Defendant wants to seek contribution or indemnity from a 3rd party so he must implead that party. The claim must be derivative.
Right to implead within 10 days of serving the Answer |
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When may Court's transfer Venue?
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1) Convenience of the parties and witnesses is considered and
2) In the interests of justice to any other district where suit could have been filed. |
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Offenseive Collateral Estoppel
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1) The issue decided in prior case was identical to the subsequent issue
2) There was a final judgment on the merits 3) D had full and fair opportunity to litigate the disputed issue 4) It would not be unfair or inequitable to apply collateral estoppel |
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Motion in Limine
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Pretrial Motion to exclude the testimony or evidence presented because the determination of evidence does not require a factual decision, or the potential evidence is inadmissible under the federal rules of evidence.
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Expert Witness Qualifications
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1) Subject matter is one where scientific, technical, or other specialized knowledge would assist the trier of fact
2) Expert possesses a Reasonable probability regarding his opinion 3) Opinion is supported by a proper factual basis |
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Nevada's Scope of Discovery:
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Discovery of any matter that is relevant to the subject matter
(note) In general discovery is permitted on any matter not privelege that is relevant to the claim or defense of either party. |
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How many Interrogatories or Requests for Admission can be served on a party in NV without stipulation or court order
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40 Requests to for admit
40 Interrogs Remember, if not responded to or objected within 30 days of receipt they are deemed admitted. |
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Negotiable Instrument
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1) writing
2) signed by its maker 3) contain an unconditional promise to pay a fixed amount of money 4) to order or bearer 5) on demand or at a definite time 6) not contain any unauthorized promises |
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Holder in Due Course
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Takes Possession for Value, in Good Faith, and without notice notice of any defenses on the instrument
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A Holder in Due Course takes the note free from __________ and subject to ______________
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Personal Defenses and subject to Real Defenses: (FAIDS)
Forgery (names necessary to title, payee and any special indorsee) Fraud (factum) Alteration (material) Incapacity (infancy/insanity) Illegality Duress Discharge in Insolvency; Discharge with Notice Suretyship with Notice (HDC knows a prior party signed Statute of Limitations |
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What is the Shelter Rule
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A transferee acquires whatever interests her transferor enjoyed, taking shelter in the status of her transferor.
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FTC Consumer Protection Rule Requires 3 things, what are they?
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1. Purchase or Lease by a human
2. of Consumer Goods and Services (not land) 3. On credit (over 4 installments) |
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What issues arise with a Holder v. Indorser
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1. Secondary Contract Liability
- Must be Presentment - checks 30 day limit - Dishonor - Notice of Dishonor (a qualified indorsement bars this claim). 2. Breach of Transfer Warranty Liability (5 of them) D A S T I - Defenses none - Alteration none - Signatures are genuine - Title is Good - Insolvency Proceedings - no knowledge |
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What Issues arise with a Holder v. Drawee
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1. Obligation is Discharged when the check is paid
2. No liability unless "acceptance" (certification) - Acceptance by a bank discharges the drawer |
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Drawer v. Drawee
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Contractual Relationship
KEY RULE: Properly Payable Rule. - Bank must pay checks that are properly payable and must not pay checks that are not properly payable 2 types of Bank Errors: - Wrongful Dishonor (drawee should pay, but doesn't.) - Wrongful Honor (drawee pays but shouldn't). - Stop Payment Orders - Stale Checks - Post Dated Checks - Checks paid after drawer's death - Overdrafts - Forgeries and Alterations |
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What effect does Drawer's Negligence have on a Forgery or Alteration Claim brought that asserts Drawee violated properly payable rule
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May validate the forgery! and preclude buyer from asserting the violation
1. Fictitious Indorsements Treated as Valid - by Imposters - By Employees "responsible" for check writing who forge signatures. |
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What effect does drawer's negligent have on a "Wrongful Honor" Claim?
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precludes it.
This occurs if he signs a blank check or gives late notice to the bank of a forgery or alteration covered in his bank statements. |
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Drawee/ Payor Bank Recovery:
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Forged Drawer's Signature:
- Payment is Final, no recovery for bank unless it has a restitution claim against a wrongful party that the bank paid Forged Indorsement: - Payment NOT FINAL (breach of warranty of presentment) bank may recover from party who presented the instrument or any prior transferor |
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Presentment Warranties Made by ______________ Run to _______________
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Presentment warranties made by presenter and all prior transferors run to drawee or maker
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What is covered in the PRESENTMENT WARRANTIES?
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For CHECKS:
1. Good Title 2. No Material Alteration 3. No knowledge drawer's signature is unauthorized For OTHER INSTRUMENTS 1. Good Title |
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What is Separate Property?
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1. Property Acquired before or after marriage
2. Property acquired by Gift, Devise, or Descent; 3. Property Acquired in exchange for separate property 4. Tort Recovery for personal Injury |
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Malmquist Formula
(Mortgage payments made partly with CP) |
While NV generally follows the proration rule, NV courts have modified the CA approach by dividing the appreciation in the property’s value from the date of purchase to the date of divorce based on the number of monthly payments made with separate funds and the number of monthly payments made with community funds
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Child Support
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Both parents have the ultimate responsibility to support their children. Non custodial parent is usually required to make payments for support:
Amount is determined by: Applying a percentage to the noncustodial parent's gross income. Gross income is total amount of income from any source of a wage earning employee, including overtime. ADJUSTMENT FACTORS: A court can adjust child care payments based on factors relating to - health care -child care - age of the child - relative income of both parents |
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Retirement Plans
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NV treats retirement plans as community property tot eh extent that the right to benefits were earned during the marriage, the fact that the benefits are received after the marriage is insignificant. Benefits for the time that a spouse worked for the company prior to the marriage and after the marriage will be their separate property.
PENSIONS: NV has two methods: 1) present cash value 2) wait and see rule |