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Another George Clooney Film in the Making? Nevada Supreme Court Rejects Rule Against Perpetuities Argument for Mining Agreement
The Nevada Supreme Court recently decided that the rule against perpetuities does not apply to area-of-interest provisions in commercial mining agreements. While you should not expect this case to become a summer blockbuster starring George Clooney, it nonetheless provides certainty for area-of-interest provisions in older mining agreements in Nevada (and lends insights into how other … Continue Reading