In The News: William S. Boyd School of Law

E&E News

The Bureau of Reclamation, the Interior Department's Western water bureaucracy that saw its dam-building heyday in the 1960s, has risen in stature once again in the Trump administration.

San Francisco Chronicle

By filing for bankruptcy, Pacific Gas and Electric Co. pressed a giant “pause” button Tuesday on thousands of claims for as much as $30 billion in damages from Northern California wildfires. The claims will be rerouted from local courts to a federal bankruptcy court in San Francisco, where the victims will stand in line with other creditors, wait a year or longer, and, if the company’s plan is approved, probably wind up with less than they lost.

Las Vegas Review Journal

Steve Wynn isn’t in the clear with Nevada gaming regulators just yet.

New York Times

Half an hour before a preseason hockey game last fall, Ted Leonsis strolled down the concourse of Capital One Arena in Washington, stopping every now and then to pose for someone’s selfie. Leonsis owns both the Washington Capitals, the National Hockey League team, and the arena itself, a squat behemoth that fills a block of Chinatown not far from Ford’s Theater. He also owns other teams that play there, including the Washington Wizards, in the National Basketball Association, and some smaller ones that don’t.

WealthManagement.com

The Nevada State securities division released its draft regulations for a fiduciary standard for broker/dealers and registered representatives late last week, and many fiduciary advocates say it’s a higher bar then the Securities and Exchange Commission’s Regulation Best Interest (Reg BI). But one thing the proposal has in common with Reg BI is that it does not define "best interest."

Las Vegas Review Journal

The man who police said killed four people in Gardnerville and Reno this month also pawned several pieces of jewelry belonging to the victims, according to a criminal complaint filed Wednesday in Carson City.

Wealth Professional Canada

For inexperienced investors, trading in the stock markets could be more like gambling than investing. And with commission-free trading apps within reach of more retail investors than ever, that issue of risk is coming into sharper focus.

Hill

When a person files for bankruptcy, it’s a sad day. Although the bankruptcy code was enacted to give a “fresh start to the honest but unfortunate debtor” and a single point of contact for creditors (and to keep our economy going), admitting that your debts are out of control is difficult. So why would Congress make it harder for disabled veterans who need bankruptcy protection?

Nevada Current

In a nation of disparity, getting sick remains an equal opportunity proposition. The flu bug does not discriminate.

Wall Street Journal

The legal reasoning behind the Justice Department’s unusual reversal this week of an opinion that paved the way for online gambling hewed closely to arguments made by lobbyists for casino magnate and top Republican donor Sheldon Adelson.

Phys.org

US authorities have begun an effort to ban all forms of internet gambling, reversing course from a 2011 decision and imperiling a burgeoning online wagering sector in several American states.

Inc.

The 23-page opinion interprets the federal Wire Act, which was originally enacted in 1961.