Adam Downing had a rather ordinary request under North Carolina corporate inspections law. As a shareholder in Cycle Holdings, Inc. he wanted to inspect financial and business records of Cycle
Continue Reading A Corporate Riddle: When are Three Director Seats on a Five-Member Board not a Majority?
When Philip Harvey died in December 2021 he owned more than 400 shares of common capital stock in PHE, Inc., a Hillsborough, North Carolina-based business that sells sexual wellness
Continue Reading Sex Toy Titan Sues Estate of Founder to Compel Redemption of Shares Whose Value May Exceed $60 Million
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 Benefits
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 DivisionLongtime college basketball commentator Billy Packer is credited with one of
Continue Reading No Harm, No Foul
Amidst a “bitter family dispute” over future control of a
Continue Reading One Law Firm. Two Clients. Three Times the Complexity.