The losing side in a recent decision by the North Carolina Business Court may not be able to appeal the court’s decision because its notice of appeal mistakenly referenced the state’s Court of Appeals instead of the Supreme Court, which ...

Tagged with: North Carolina Business Court

While much of North Carolina’s court system continues to lag behind the digital times, the state’s Business Court keeps blazing into the eFiling future. The Business Court already had the best — and virtually only — electronic filing system and ...

Tagged with: North Carolina Business Court

The North Carolina Business Court has approved a “disclosure-based” settlement agreement resolving a shareholder lawsuit stemming from the merger of NewBridge Bancorp and Navy Merger Sub Corp. The settlement agreement awards $135,000 to the plaintiffs for attorneys’ fees, as well ...

Tagged with: North Carolina Business Court

In what is being called an unprecedented move, Chief Judge James Gale of the North Carolina Business Court is “urging” the state Supreme Court to accept a case because it raises significant questions that have the potential to affect North ...

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A fourth branch of the North Carolina Business Court is slated to begin taking cases next year at the Wake Forest University School of Law in Winston-Salem. The state’s first Business Court, which handles complex disputes centered on corporate and ...

Tagged with: North Carolina Business Court

North Carolina Business Court Chief Judge James Gale says a new report tallying some of the dusty cases and pending motions in his court fails to tell the whole story.

Tagged with: Administrative Office of the Courts North Carolina Business Court

An Asheville law firm may have to cough up $85,000 in fees after it signed on to represent a limited liability corporation when only one of the LLC’s two co-owners agreed to the representation. The North Carolina Business Court disqualified ...

Tagged with: North Carolina Business Court

They’re known as P&L in the business world—profits and losses. If two companies want to set up a legal partnership, one essential requirement is an agreement to split profits. But what about losses? Do those need to be shared in ...

Tagged with: North Carolina Business Court Partnerships

The North Carolina Business Court recently awarded a plaintiff over $467,000 in attorney fees based on an unfair and deceptive trade practices claim, dwarfing the $25,000 jury award for damages. North Carolina Business Court Judge James Gale had repeatedly encouraged ...

Tagged with: North Carolina Business Court Unfair and Deceptive Trade Practices