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Home / Opinion Digests / Civil Practice / Civil Practice – Preliminary Injunction – Corporate President – Ordinary Business – Voting Shares (access required)

Civil Practice – Preliminary Injunction – Corporate President – Ordinary Business – Voting Shares (access required)

Richardson v. Kellar (Lawyers Weekly No. 020-057-16, 18 pp.) (Gregory McGuire, J.) 2016 NCBC 60 Holding: The stated purpose of the nominal defendant-limited liability company is the design, production and sale of certain medical devices. Since the defendant-president has only the “customary” duties of a corporate president, voting the LLC’s shares in another company does not ...

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