Richard F. Holley

Contact Info:
Rholley@nevadafirm.com 702.791.0308
Practice Groups:
Bankruptcy
Community Service:
Shade Tree Shelter
News About Richard:
Super Lawyers Magazine Martindale Hubbell AV Rating Best Lawyers in America Fellow, American College of Bankruptcy Nevada Business Magazine Legal Elite 2013

Overview
Richard Holley is an experienced business lawyer, helping clients throughout Nevada and elsewhere in the U.S. with difficult bankruptcy and related commercial litigation. His primary focus is bringing value to the clients he serves. Open communication, collaboration, transparency, assigning the right lawyer with precisely the right skill-set and reducing client frustrations are the foundation of the enduring and successful relationships Richard has with clients. He recognizes that litigation is often the action of last resort and rarely adds profit to the bottom line. For this reason, Richard view litigation on a continuum, believing that cases have natural breaking points at which strategy can and should be reevaluated in order to maximize recovery where possible and minimize loss where appropriate.

Regardless of the location of his clients’ operations or aspects of the case, Richard has a trusted reputation among banks and lenders, creditors, receivers, charter schools and others facing insolvency and adversarial claims and disputes. In addition, he is know in the real estate sector, particularly for matters involving thorny landlord-tenant issues and retail properties.

Clients appreciate the depth and variety of Richard’s practice. When the economy is strong, Richard actively supports his banking and other clients in realizing their goals and objectives. In a downturn, creditors and receivers seek Richard’s representation in contentious bankruptcy proceedings and related state court litigation. For example, the receiver for the first charter school in Nevada to be placed into receivership turned to Richard and his team to navigate and address difficult financial, employment and administrative issues. This resulted in a second appointment as receivership counsel for another Nevada charter school. These representations have positioned Richard and his team to assist charter schools outside of the receivership context with their operational, employment and administrative needs and challenges.

In his bankruptcy practice, Richard – elected as a fellow of the prestigious American College of Bankruptcy – focuses on creditor representation, including financial institutions, in complex Chapter 11 cases and in pre-bankruptcy workouts. He also represents bankruptcy trustees in Chapter 11 and Chapter 7 cases. The pre-bankruptcy workouts frequently involve state court enforcement actions, such as:

  • Actions to appoint receivers for commercial real estate and businesses
  • Actions to recover personal property collateral
  • Breach of contract related claims
  • Deficiency actions against borrowers and guarantors

Richard is a member of the Holley Driggs Walch executive management committee. He also writes and speaks on current business law topics, serves as a volunteer lawyer for Legal Aid of Southern Nevada, where he frequently represents low income individual debtors and serves as a child advocate in family court. He is a founding and current member of the Pro Bono Project Mid-Case Bankruptcy Committee and serves as a member of the Pro Bono Committee for the American College of Bankruptcy, which administers and awards of $300,00 in annual grants to qualified organizations throughout the U.S.

Education
B.A., Brigham Young University, 1984
J.D., J. Reuben Clark School of Law at Brigham Young University, 1987

Bar and Court Admissions
State Bar of Nevada, 1987
State Courts of Nevada
U. S. District Court for the District of Nevada
U.S. Court of Appeals, Ninth Circuit

Memberships and Affiliations
State Bar of Nevada
Clark County Bar Association
American Bar Association
American Bankruptcy Institute
American College of Bankruptcy, Fellow Special Assets Management Association (SAMA), Affiliate Member

Education
Richard received his undergraduate degree from Brigham Young University in International Relations with a minor in Japanese (1984) and his J.D. degree from the J. Reuben Clark School at Brigham Young University (1987) where he was a member of the Order of Barristers.

Bar and Court Admissions
Mr. Holley was admitted to practice in Nevada in 1987.  He is licensed to practice before all state courts of the State of Nevada, the U.S. District Court for the District of Nevada, and the Ninth Circuit Court of Appeals.

Outside the office
Richard is an avid road and mountain biker and a serious hiker, having tackled Mount Kilimanjaro and the Inca Trail.

Community Invovement – Memberships and Affiliations
Mr. Holley was a Lawyer Representative to the Ninth Circuit Court of Appeals from 2003 through 2005.  During this time he served as Co-Chair of the Nevada Delegation and member of the Lawyer Representative Coordinating Committee, the Admission Fund Committee and the Federal Court Security Committee.  While serving as a Lawyer Representative, Mr. Holley made presentations to the annual Circuit Bankruptcy Judges Conference and to the Ninth Circuit Committee on Pro Hac Vitae Representation regarding representation of pro se litigants in contested matters and adversary proceedings before bankruptcy courts.

Mr. Holley is a 2006 graduate of the Las Vegas Chamber of Commerce, Leadership Las Vegas, and was voted by the members of his class as the Class Valedictorian.

In 2010, Mr. Holley was a member of the Magistrate Selection Committee for the United States District Court for the District of Nevada.  Mr. Holley worked with other Committee members to screen applicants and submit recommendations to the Court to select replacement Magistrate Judges for the United States District Court for the District of Nevada.

In 2010 and 2011, Mr. Holley served as the treasurer for the Bankruptcy Section of the Nevada Bar Association and served as Finance Co-Chair in 2012.

Mr. Holley currently serves as a member of the Pro Bono Committee of the American College of Bankruptcy.  The Committee evaluates applications and awards grants for pro bono projects throughout the United States.  He is also an Affiliate Member of the Special Assets Management Association (SAMA).

Mr. Holley maintains membership in the State Bar of Nevada, the Clark County Bar Association, and the American Bar Association.

Mr. Holley is also active in the Las Vegas community.  Mr. Holley served as a Board Member for The Shade Tree, a homeless women and children shelter, from 1999 through 2006.  During his tenure as a Board Member, Mr. Holley also served as the treasurer of The Shade Tree from 2003 to 2006.  Mr. Holley was an inaugural officer of The Shade Tree Endowment Board and has served as a Board Member for the Endowment since 2006.  Mr. Holley also serves as a member of the Advisory Board for The Shade Tree.  Finally, Mr. Holley has been an active leader with the Boy Scouts of America.

Recognitions
Mr. Holley was inducted as a Fellow in the American College of Bankruptcy in March 2011 and is only one of three practicing attorneys in the State of Nevada to receive this honor.  Mr. Holley is AV rated by Martindale-Hubble in Bankruptcy and Creditor-Debtor Rights and has been listed in the Best Lawyers in America, Bankruptcy and Creditor-Debtor Rights/Insolvency and Reorganization Law, since 1996.  Mr. Holley is a long-time member of the American Bankruptcy Institute and has been named as one of the top lawyers in the Mountain States by Super Lawyers in the categories of Bankruptcy and Debtor-Creditor Rights since 2007.  Mr. Holley is also an Affiliate Member of the Special Assets Management Association.  Mr. Holley has been consistently recognized as one of the top bankruptcy attorneys in Las Vegas by a number of local publications.