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Home / Courts / N.C. Business Court / Tort/Negligence – Breach of Fiduciary Duty – Damages – No Evidence – Taxation – Illegal Tax Shelters (access required)

Tort/Negligence – Breach of Fiduciary Duty – Damages – No Evidence – Taxation – Illegal Tax Shelters (access required)

Loftin v. QA Investments, LLC (Lawyers Weekly No. 020-013-18, 40 pp.) (James Gale, C.J.) 2018 NCBC 11 Holding: Even though defendant executed the trades for a tax shelter that was later found to be illegal, plaintiff has not forecasted any evidence of damages proximately caused by defendant. The court denies plaintiff’s motion for additional discovery and grants ...

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