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It’s Just Business

Analysis of North Carolina Business Court Decisions (and other musings)

Dissolution

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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…
Continue Reading When Finding a Corporate Stalemate is Like Searching for Bobby Fischer

Posted in Derivative Actions, Dissolution, Judge Bledsoe

Don’t Fence Me In

By Craig Turner 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,

…
Continue Reading Don’t Fence Me In

Posted in Closely Held Business, Dissolution, Fiduciary Duties, Judge Conrad, Meiselman Duties, Standing

War of the Roses

By Craig Turner 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 …
Continue Reading War of the Roses

Posted in Closely Held Business, Dissolution, Judge McGuire, Judicial Estoppel, Meiselman Duties, Pierce Corporate Veil, Standing

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