Legal Question in Credit and Debt Law in California
Venue
I live in california & lent money to someone in Nevada, It was stipulated in the note that if it goes to court it would be under Californi Law. The note was signed & notarized in Nevada, do i sue in Nevada or California?
3 Answers from Attorneys
Re: Venue
Hard to say without reading the note. The clause you cited suggests you would be able to sue in California.
Re: Venue
Generally, the preference would be to file suit where the contract was signed, to be performed, or where the defendants reside. A Nevada court could apply California law. In addition, it would probably be cheaper to sue in Nevada, because you would already have a judgment on which to execute, rather than having to take a California judgment to Nevada, open a special proceeding, and then execute (unless the defendant has California assets).
Re: Venue
It will depend on whether just California Law applies or if it says that in any litigation, the venue would be "city" California. We would have to see the note.
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