Cone v. Blue Gem, Inc., 2023 NCBC 74 (N.C. Super. Ct. Nov. 7, 2023) (Earp, J.) Key Terms: derivative claim; improper purpose; N.C.G.S. § 55-7-46(2) and (3); attorneys’ fees As summarized here, the Court previously entered an opinion dismissing Plaintiffs’ derivative claim for breach of fiduciary duty with prejudice, dismissing […]
Posted 11/15/23 in Business Court Blast
Shareholder Matt Tomsic was recently appointed to the board of directors for Larry King’s Clubhouse. Larry King’s Clubhouse provides a free, drop-in childcare center for children between the ages of 6 weeks and 12 years of age whose family members are conducting business at the courthouse or serving […]
Posted 11/06/23 in News
U.S. News has recognized Rayburn Cooper & Durham, P.A., in its annual Best Law Firm Awards, ranking RCD regionally in the following practice areas: RCD ranked in Tier 1 for Bankruptcy and Creditor-Debtor Rights/Insolvency and Reorganization Law; in Tier 1 for Corporate Law; in Tier 2 for Commercial Litigation […]
Posted 11/02/23 in Honors and Awards, News
Woodcock v. Cumberland Cnty. Hosp. Sys., Inc., 2023 NCBC 72 (N.C. Super. Ct. Oct. 18, 2023) (Davis, J.) Key Terms: summary judgment; limited partnership; general partner; breach of limited partnership agreement; implied covenant of good faith and fair dealing; breach of fiduciary duty This action involves a limited partnership dispute […]
Posted 10/31/23 in Business Court Blast
Karriker v. Harpoon Holdings, L.P., 2023 NCBC 67 (N.C. Super. Ct. Oct. 6, 2023) (Conrad, J.) Key Terms: motion to strike; motion to seal; Rule 12(f) Defendant moved to dismiss the complaint and then subsequently moved to either strike or seal a draft version of its Amended and Restated Limited […]
Posted 10/17/23 in Business Court Blast
Visionary Ed. Tech. Holdings Grp., Inc. v. Issuer Direct Corp., 2023 NCBC 65 (N.C. Super. Ct. Sept. 22, 2023) (Conrad, J.) Key Terms: N.C. Gen. Stat. § 25-8-403; security transfer; appropriate person; standing; transfer agent; security registration This action is a sister case to a case pending in Canada […]
Posted 10/03/23 in Business Court Blast
North Carolina ex rel. Stein v. MV Realty PBC, LLC, 2023 NCBC 59 (N.C. Super. Ct. Aug. 30, 2023) (Davis, J.) Key Terms: homeowner; listing agreement; preliminary injunction; House Bill 422; N.C.G.S. § 93A-85.2; covenant running with the land; UDTPA; liquidated damages; unenforceable penalty; notice of lis pendens; lien The […]
Posted 09/20/23 in Business Court Blast
Atkinson v. Lexington Cmty. Ass’n, 2023 NCBC 58 (N.C. Super. Ct. Aug. 16, 2023) (Conrad, J.) Key Terms: Planned Community Act; motion for judgment on the pleadings; Rule 12(c); declaratory judgment; declaration; standing; third-party complaint; moot After being sued in a dispute regarding recovery of earnest money, the Association filed […]
Posted 08/30/23 in Business Court Blast
The Best Lawyers in America® recognized two Rayburn Cooper & Durham attorneys in its 2024 edition. Rick Rayburn is listed by Best Lawyers® in the areas of: Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law Bet-the-Company Litigation Commercial Litigation Corporate Law Rayburn has served as the […]
Posted 08/22/23 in Honors and Awards, News
Murphy-Brown, LLC v. Ace Am. Ins. Co., 2023 NCBC 50 (N.C. Super. Ct. Aug. 7, 2023) (Davis, J.) Key Terms: primary insurance coverage; excess insurance coverage; nuisance lawsuit; hog farm; cause test Beginning in 2013, Plaintiffs were named defendants in multiple nuisance lawsuits, in which neighboring property owners alleged physical […]
Posted 08/16/23 in Business Court Blast
Chi v. N. Riverfront Marina & Hotel LLLP; Feng v. N. Riverfront Marina & Hotel, LLLP, 2023 NCBC 47 (N.C. Super. Ct. July 27, 2023) (Earp, J.) Key Terms: partnership; fraud; negligent misrepresentation; N.C.G.S. § 78A-8; statute of limitations; equitable tolling; Rule 9(b); conversion; breach of fiduciary duty; gross mismanagement; […]
Posted 08/02/23 in Business Court Blast
Found. Bldg. Materials, LLC v. Conking & Calabrese, Co., 2023 NCBC 46 (N.C. Super. Ct. July 7, 2023) (Earp, J.) Key Terms: temporary restraining order; expedited discovery; misappropriation of trade secrets; preliminary injunction; irreparable harm; balance of equities Plaintiff Foundation Building Materials, LLC (FBM) filed a complaint alleging that its […]
Posted 07/19/23 in Business Court Blast
Vanguard Pai Lung, LLC v. Moody, 2023 NCBC 44 (N.C. Super. Ct. Jun. 27, 2023) (Conrad, J.) Key Terms: self-dealing; judgment notwithstanding the verdict; motion for a new trial; motion to amend the judgment; Rule 59(e); jury instructions; fraud; circumstantial evidence; waiver of issues; conversion; embezzlement; UDTPA; in or affecting […]
Posted 07/04/23 in Business Court Blast
Loray Mill Devs., LLC v. Camden Loray Mill Phase I, LLC, 2023 NCBC 41 (N.C. Super. Ct. Jun. 12, 2023) (Bledsoe, C.J.) Key Terms: partial summary judgment; motion for reconsideration; Rule 60(b); Rule 54(b); declaratory judgment; statute of limitations After Plaintiffs filed suit on April 5, 2021, Defendants answered and […]
Posted 06/21/23 in Business Court Blast
Brakebush Bros., Inc. v. Certain Underwriters at Lloyd’s of London – Novae 2007 Syndicate Subscribing to Pol’y No. 93PRX17F157, 2023 NCBC 37 (N.C. Super. Ct. May 30, 2023) (Davis, J.) Key Terms: summary judgment; fire insurance; N.C.G.S. § 58-44-16; fraud In 2018, Brakebush acquired a chicken processing plant which had […]
Posted 06/07/23 in Business Court Blast
Trail Creek Invs. LLC v. Warren Oil Holding Co., 2023 NCBC 36 (N.C. Super. Ct. May 9, 2023) (Davis, J.) Key Terms: environmental liabilities; motion to strike; Rule 12(b)(6); breach of fiduciary duty; constructive fraud; statute of limitations; negligent misrepresentation; economic loss rule; fraud; Rule 9(b); breach of contract; breach […]
Posted 05/24/23 in Business Court Blast
Davis v. HCA Healthcare, Inc., 2023 NCBC 32 (N.C. Super. Ct. April 27, 2023) (Davis, J.) Key Terms: restraint of trade; monopoly maintenance; monopoly leverage; monopoly acquisition; attempted monopoly; healthcare; outpatient services; inpatient services Plaintiffs initially filed suit alleging various monopoly and restraint of trade claims against Defendants, who operate […]
Posted 05/09/23 in Business Court Blast
Blue Cross & Blue Shield of N.C. v. MH Master Holdings, LLLP, 2023 NCBC 31 (N.C. Super. Ct. April 4, 2023) (Bledsoe, C.J.) Key Terms: motion to dismiss; health insurance reimbursements; statute of limitations; contractually abridged limitations period In October 2022, Plaintiff Blue Cross & Blue Shield of North Carolina […]
Posted 04/25/23 in Business Court Blast
Shaver v. Walker, 2023 NCBC 27 (N.C. Super. Ct. Mar. 31, 2023) (Earp, J.) Key Terms: stock options; motion to dismiss; Rule 12(b)(6); Rule 9(b); fraud; breach of fiduciary duty; constructive fraud; negligent misrepresentation Plaintiff brought suit against Vadum, Inc. (his employer) and Walker (his brother-in-law and the owner/CEO of […]
Posted 04/12/23 in Business Court Blast
Relation Ins., Inc. v. Pilot Risk Mgmt. Consulting, LLC, 2023 NCBC 21 (N.C. Super. Ct. Mar. 16, 2023) (Davis, J.) Key Terms: 30(b)(6) deposition; errata sheet; Rule 30(e) After deposing Plaintiffs’ corporate representative, Jonathan Cooper, pursuant to Rule 30(b)(6), Defendants received an errata sheet for Cooper’s deposition transcript which contained […]
Posted 03/28/23 in Business Court Blast
North Carolina ex rel. Stein v. EIDP, Inc., 2023 NCBC 18 (N.C. Super. Ct. Mar. 2, 2023) (Robinson, J.) Key Terms: motion to dismiss; Rule 12(b)(6); contamination; chemical manufacturing; DuPont; PFAS; pollution; negligence; trespass; public nuisance; fraud; res judicata; consent order; statutes of limitations; nullum tempus In this action, the […]
Posted 03/15/23 in Business Court Blast, Legal Updates
Conservation Station, Inc. v. Bolesky, 2023 NCBC 14 (N.C. Super. Ct. Feb. 17, 2023) (Robinson, J.) Key Terms: entry of default; good cause; motion to dismiss; 12(b)(6); pro se litigant After Plaintiff filed suit in Wake County Superior Court, Defendant Bolesky, appearing pro se, filed a motion to dismiss, which […]
Posted 03/01/23 in Business Court Blast, Legal Updates
Downing v. Cycle Holdings, Inc., 2023 NCBC 10 (N.C. Super. Ct. Feb. 1, 2023) (Davis, J.) Key Terms: N.C.G.S. § 55-16-02(h); inspection rights; voting agreement; Delaware law Plaintiff, a shareholder of Defendant Cycle Holdings, filed this action seeking an order allowing him to inspect the corporate records of Defendant Cycle Labs, […]
Posted 02/15/23 in Business Court Blast, Legal Updates
Futures Grp., Inc. v. Brosnan, 2023 NCBC 4 (N.C. Super. Ct. Jan. 19, 2023) (Earp, J.) Key Terms: indemnification; advancement; partial summary judgment; choice of law; internal affairs doctrine; Delaware law; former director Defendant, a former director of Plaintiff The Futures Group, Inc. (“Futures”), filed a motion for partial summary […]
Posted 02/01/23 in Business Court Blast, Legal Updates
Rayburn Cooper & Durham, P.A. is pleased to announce that the following attorneys in the firm have been selected for inclusion in 2023 North Carolina Super Lawyers®: 2023 North Carolina Super Lawyers Al Durham – Bankruptcy Business Ross Fulton – Business Litigation Kirk Hardymon – Business Litigation Jack […]
Posted 01/26/23 in Honors and Awards, News