Closely Held Business

Before you judge a man, walk a mile in his shoes. After that who cares? He’s a mile away and you’ve got his shoes!

-Billy Connolly, Scottish comedian, shoe sage.
Continue Reading Derivative Claim Boots are Made for Walking, Business Court Says, but Only When an LLC Leaves Them on the Rack.

The Business Court sorted through the drama of an affiliated outsider who wanted to buy a company, settled for half and became an insider, and then allegedly used that perch
Continue Reading N.C. Business Court Declines to Adopt Rule that a Minority Shareholder Exercising “Actual Control” Could Have Fiduciary Duty to Other Shareholders.