For the golf fan curious about the finances and back-office maneuvering of “Big Golf,” nothing has been better than the LIV Golf-PGA Tour throwdown played out in dueling press conferences
Continue Reading Court Sharply Limits Attorney Fee Award in Dispute Over Access to Corporate Records of Charlotte Country Club
The minority shareholders of a podiatry practice felt like they had been kicked around by the alleged financial misadventures of two colleagues who together controlled an 80 percent interest. A
Continue Reading Minority Shareholders can “Follow the Money” Linked To Alleged Diversions by Majority for Phantom Salaries and BenefitsRobert Martin was the president of a medical device company, Vent Tech Corporation, during times that the company alleges he embezzled funds and through lax oversight allowed the company to
Continue Reading Buyer Acquired Claims “of Any Kind,” Including Seller’s Charge that its Own President’s Misconduct Forced a Sale at Suppressed Price
“Cause I’m the taxman, yeah, I’m the taxman.”
Taxman, The Beatles (1966)
Wary of the old maxim about giving inches and losing miles, the North Carolina Department of Revenue
Continue Reading Yes, This Post is About Taxes, but There’s Bonus Content about The Beatles and Batman!
Facing a $12.8 million judgment, a plaintiff sought recourse in a legalmalpractice claim against his trial counsel for its alleged role in that unhappy result. But his undoing was the
Continue Reading Business Court Finds that Alleged Lack of Diligence by Law Firm Had No Impact on Large Trial Court Loss
The Business Court’s Raleigh division is seeking a full-time Trial Court Research Assistant to work with Judge Mark A. Davis. Those blog readers who’d prefer front-line involvement to summaries and
Continue Reading Business Court Seeks “Permanent” Law Clerk in its Raleigh Division
In Oliver v. Brown & Morrison, Ltd., 2022 NCBC 16, the Business Court weighed a challenge to an allegedly “sprawling, 247-paragraph Complaint, largely padded by needless detail” that
Continue Reading Can a Lengthy Complaint Provide Too Much Notice of its Claims?An intra-congregational dispute over control of church bank accounts led the Wakefield Missionary Baptist Church to a schism that forced out a senior pastor, saw church doors locked, and resulted
Continue Reading A Business Court Finds There is Little “Neutral” Ground in Disputes Over Church Business
As failed commercial property deals go, the one at the heart of Miriam Equities, LLC v. LB-UBS-2007-C2 Millstream Road LLC, 2022 NCBC 3, was not outside the norm
Continue Reading “As Is” Purchases of Commercial Property May Come with Limited Remedial Tools to Avoid Closing, Business Court Confirms
The North Carolina Supreme Court
Continue Reading Some Corporate Insiders Can Safely Throw Stones from Glass Offices