Maybe the third time is really only the charm in Baltimore. But at least sometimes a third shot at a sufficiently pled complaint in North Carolina can still carry
Continue Reading Third Time’s the Charm. Mostly.
A Nightmare on CivPro Street: Unanswered Requests for Admission
In a litigator’s nightmare, when old wooden floors creak and the house speaks in sinister tones to its owner, it’s not: “Get Out!” that the lawyer hears. It’s: “Your Responses
Continue Reading A Nightmare on CivPro Street: Unanswered Requests for AdmissionA Corporate Riddle: When are Three Director Seats on a Five-Member Board not a Majority?
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?Sex Toy Titan Sues Estate of Founder to Compel Redemption of Shares Whose Value May Exceed $60 Million
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 MillionMinority Shareholders can “Follow the Money” Linked To Alleged Diversions by Majority for Phantom Salaries and Benefits
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 BenefitsBusiness Court Seeks “Permanent” Law Clerk in its Raleigh Division
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 DivisionNo Harm, No Foul
Business Court Pockets its Whistle on Claims that Hoops Commentator Billy Packer’s Company Unfairly Changed Roster for Mountain Development
Longtime college basketball commentator Billy Packer is credited with one of
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One Law Firm. Two Clients. Three Times the Complexity.
Counsel in North Carolina Derivative Actions can Represent Company, and Targeted Directors who do not Face “Serious Charges of Wrongdoing”
Amidst a “bitter family dispute” over future control of a
Continue Reading One Law Firm. Two Clients. Three Times the Complexity.