Dissolution

Business Court Gives Maggie Valley’s Ghost Town in the Sky More Time to Scare up Some Investors

By Bradley M. Risinger on June 27, 2024

A member seeking to dissolve an LLC which owns a mothballed amusement park in Maggie Valley, North Carolina, didn’t have a “ghost of a chance” to close out a struggling…

When Finding a Corporate Stalemate is Like Searching for Bobby Fischer

By Bradley M. Risinger on February 22, 2022

Chess game on the board for competition , success and leadership

Judicial Dissolution of a “Deadlocked” LLC in North Carolina is a Big Ask When There is Evidence of Even Limited Cooperation Among Members

Plaintiff Lee Norris and defendant James Schaafsma…
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Don’t Fence Me In

By Fox Rothschild LLP on August 12, 2019

N.C. Business Court Declines to Impose Fiduciary Duties among Sibling Managers of an LLC and Declines to Extend Any “Control Group” Exception to LLCs, but allows Dissolution Claim to Survive,

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War of the Roses

By Fox Rothschild LLP on June 7, 2019

N.C. Business Court allows one judicial dissolution claim to survive, but dismisses another premised on veil-piercing.

In the Business Court’s first opinion of 2019, Slaughter v. Winner Enterprises of Carolina …
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