Provisional Director Las Vegas
A provisional director in Las Vegas is a neutral, court-appointed individual who temporarily holds all the rights and responsibilities of a corporate director until a board deadlock is resolved or the appointment is terminated by court order or shareholder vote. In Nevada, courts often rely on provisional directors to restore corporate decision-making and safeguard business continuity when disputes between shareholders or directors prevent effective governance.
Who We Work With
FedReceiver works closely with Las Vegas business attorneys handling corporate governance disputes where directors or shareholders are at an impasse. When boardroom conflicts threaten the ongoing operation of a company, the court may appoint a provisional director in Las Vegas to step in, break the deadlock, and protect the organization’s value. Our professionals are frequently selected in cases where judicial intervention is necessary to stabilize the business.
Qualifications of a Provisional Director
Under Nevada law, a provisional director must remain impartial and independent. This means they cannot be a shareholder, a creditor of the company, or closely related to any existing director or judge involved in the matter. FedReceiver provides seasoned professionals who meet these requirements and have successfully served as neutral directors in Las Vegas and across Nevada.
Uses of a Provisional Director
Appointing a provisional director in Las Vegas is often seen as a less intrusive alternative to full receivership. Rather than assuming control over the company, the provisional director acts as a voting board member with the authority to resolve disputes and restore decision-making capacity. The court’s order typically specifies the scope of authority, compensation, and conditions for termination of the appointment. A provisional director must remain unbiased, fully evaluate the issues at hand, and make decisions that align with the best interests of the company.
Directors & Officers Insurance (D&O Coverage)
Unlike court-appointed receivers, provisional directors do not benefit from quasi-judicial immunity. For this reason, it is critical that Directors & Officers (D&O) liability insurance is in place. Businesses in Las Vegas considering the appointment of a provisional director should ensure that adequate coverage exists to protect the director in the event of litigation or claims.
A Successful Provisional Director
A successful provisional director in Las Vegas approaches the role with neutrality and diligence. This includes conducting independent research, consulting with counsel when necessary, and casting reasoned votes on disputed issues. They also work to foster consensus among board members whenever possible. The provisional director serves until the deadlock has been resolved or the court orders their removal.
When Is a Provisional Director Needed in Las Vegas?
A Las Vegas provisional director may be appointed when a corporation or nonprofit experiences governance deadlock. This includes board disputes, shareholder stalemates, or an inability to hold elections. In such situations, Nevada courts may assign a neutral director to re-establish decision-making authority and safeguard the interests of the business and its stakeholders.
Clients Who Trusted Us
Locations Served
We provide provisional director services in California.
Los Angeles, Riverside, San Francisco, San Bernardino, Sacramento, Ventura, San Diego, Orange County, and the California District Court
How we work together
Our experience, expertise, training and resources are utilized to effectuate a successful provisional directorship.
Reach out
Reach out to us via our contact page.
Set an Appointment
An initial call will allow for an initial assessment of the proposed case.
Sample Pleadings & Orders
FedReceiver has a vast library of exemplars including motions seeking appointment of provisional director, orders appointing provisional director and memorandum of points & authorities.
References
We offer excellent references with local and national law firms, accounting firms and clients.
Court Experience
Given our decades of experience and hundreds of cases, we have appeared in state/federal court and have excellent relationships with numerous courts/judges.
Review the chapter authored by Mr. Donell
Reviving the Financially Distressed Business
Reviving The Financially Distressed Business is the essential guide for business owners and corporate leaders whose companies are under—or anticipating—financial difficulties. See Chapter 11, Receiverships, written by Court Receiver Stephen Donell, CCIM, CPM
Steve Donell’s contribution to the book “Reviving a Financially Distressed Business” reflects not only his expertise as a receiver, but his sound judgment on how receivership can be used to effectively advance a financially troubled business.”
– Brian Davidoff, Esq. Author and Editor
About Our Provisional Managers & Directors in Las Vegas
Complex corporate, partnership, and LLC disputes in Nevada may require the appointment of a provisional director or manager to resolve governance deadlocks and protect business operations. When disputes prevent a company from making decisions or risk impairing its assets, the court may appoint a neutral professional to step in.
At FedReceiver, Inc., our professionals have been appointed as provisional directors and managers with the full rights, duties, and powers of directors, officers, and members. These appointments are made pursuant to the Nevada Revised Statutes, ensuring impartial oversight and compliance with court orders.
President of FedReceiver, Inc., Jalmar Properties, Inc. and Donell Expert Services, Inc.
Todd D. Donell Los Angeles
Executive Vice President of FedReceiver, Inc. and Jalmar Properties, Inc.
James H. Donell Los Angeles
Founder and CEO of FedReceiver, Inc. and Jalmar Properties, Inc.
Sarah R. Bates Los Angeles
Vice President of FedReceiver, Inc. and Jalmar Properties, Inc.
