William (“Bud”) H. Stoddard, Jr., Partner
Licensed in Nevada and California
Born: Provo, Utah, September 10, 1975
Bud represents clients primarily located in Nevada and California in various industries, including real estate, construction, mining, health care, finance, retail and hospitality, primarily in commercial business and real estate transactions, including purchases and sales of real estate, asset and stock-based business sales and purchases, business mergers and acquisitions, secured financing transactions (including drafting loan opinion letters), land use transactions, and business licensing (including working with regulators on Nevada gaming licenses and a variety of other local licenses).
Bud also practices in the highly critical, yet specialized area of Nevada water law. He represents employers in a variety of employment and labor related matters, including in defending actions pending before federal and state government agencies. In addition to transactional and business advisory matters, Bud handles business and commercial litigation matters in State and Federal courts.
Recent substantial representative transactions include:
Handling the merger of two major construction companies in 2019
Representing the seller in the sale of a chain of Southern Nevada based auto collision centers to a major national chain in 2019 (including the sale of all assets and leasing of real property)
Representing the seller in the sale of a major Southern Nevada and Utah based vehicle dealership chain in 2018 (including the sale of all assets and real property)
Representing the seller in the sale and leaseback of a major network of health care facilities located throughout California and Washington in 2017 (involving the sale and leaseback of hundreds of millions of dollars of real property)
Representing the seller in the sale of over 60 Nevada-based fast food locations in a single transaction to a major operator in 2016 (involving the sale of the assets and assignment of leasehold interests)
Representing the buyer in a major assemblage of real property throughout the Chinatown area of Las Vegas between approximately 2015 and 2018
While Bud was heavily involved as lead or co-lead counsel in the foregoing major transactions, some of which involved hundreds of millions of dollars in total deal value, he is constantly involved, on a regular basis, in several real estate and business deals at any given time, from vacant and developed land sales and purchases, business sales and purchases of all kinds, commercial leases, financing matters and land use matters.
Bud joined the firm in 2006 when he left a major Los Angeles law firm to return to his hometown of Las Vegas. By 2009, he was voted one of the top 100 attorneys in the State of Nevada as published in Nevada Business Magazine.
Bud also works closely with the firm’s litigation in team in catastrophic personal injury cases, having helped the firm’s clients secure millions of dollars in injury settlements.
2004, U.S. District Court, Central District of California
2006, U.S. District Court, District of Nevada
1998, Brigham Young University, B.A. English
2001, William S. Boyd School of Law, University of Nevada, Las Vegas, Juris Doctorate
Academic Awards and Recognitions:
Summa Cum Laude – No. 1 rank; James E. Rogers Outstanding Scholar Award from law school faculty for highest academic achievement
Law Review Editorial Board, Lead Articles Editor; Full academic scholarship (all three years of law school); Law Student Extern, U.S. Attorney’s Office, District of Nevada; Thomas & Mack Legal Clinic, Juvenile Justice Program.
Awarded highest grade in class in Civil Procedure I, Property Law I, Property Law II, Constitutional Law I, Contract Law I, Contract Law II, Torts I, Lawyering Processes I, Administrative Law, Criminal Procedure, Business Organizations I, Juvenile Justice Clinic.
Bud was raised in Las Vegas and has deep roots in the Valley, having graduated from Ed W. Clark High School in 1993. When he is not at work, he enjoys skiing and snowboarding on slopes throughout the Mountain West and running several hours each week on the roads and desert trails near his home. He and his wife Lindsay have five children.
Prior Legal Experience:
- Judicial clerk for Senior U.S. District Judge, Robert C. Broomfield, District of Arizona, 2002-04.
- Product liability litigator, 2004-2006, Kaye Scholer (Los Angeles, CA)
“Making Sense of Nevada’s Alter Ego Doctrine”, Nevada Law Journal, December 2012
“Revised Article 9-315(b)(2); Careless Drafting or an Invitation to Creative Lawyering?” Nevada Law Journal, Spring 2003 edition
Foreign Languages: Spanish