A Business Court has discretion in how it determines the “fair value” of shares in a sale as long as it considers the “customary and current valuation concepts and techniques,” the North Carolina Supreme Court has ruled in a case ...

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  A nonresident company’s contacts with the state of North Carolina relating to a partnership agreement with an in-state entity were sufficient to exercise personal jurisdiction and did not trigger due process concerns, the North Carolina Supreme Court has ruled, ...

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Litigants before the North Carolina Business Court may run into trouble if they try to skirt around the court’s word limits for briefs by referring back to arguments made in earlier briefs, a business court judge has ruled. The judge ...

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A Fayetteville law firm’s failure to have a written partnership agreement with an attorney who later left the firm created a mess that the North Carolina Business Court had to sort out in a novel decision.

Tagged with: Dissolution first impression Judge Gregory McGuire Liquidation N.C. Business Court Partnerships

The North Carolina Business Court recently took a moment to clarify how it designates mandatory complex business cases, confirming that counterclaims can be the basis for a designation. But Chief Judge James Gale warned lawyers that if they want to ...

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Vitriolic venture capitalist vintner J.W. Ray has gotten a rare second chance to win over the North Carolina Business Court after making a terrible first impression.

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It’s not every day that North Carolina’s courts recognize a new cause of action, but a North Carolina Business Court judge did just that in a June opinion allowing a borrower to bring a claim against his bank alleging that ...

Tagged with: Good Faith N.C. Business Court

That tired old slogan about the infallible customer is a fallacy highlighted by a recent state Business Court ruling in favor of a small North Carolina-based bank that came under fire for a policy that generated overdraft fees.

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In The Godfather, Michael Corleone assures his brother that “It’s not personal, Sonny. It’s strictly business.” Law firms should take similar care to draw bright lines between work done for a business client and work done for the company’s officers ...

Tagged with: Disqualification N.C. Business Court

A venture capitalist who owns a fancy winery in Pilot Mountain has discovered what happens when you fire your lawyers, mouth off to opposing counsel and refuse to participate in the legal process.

Tagged with: N.C. Business Court pro se