The North Carolina Business Court recently issued a lengthy opinion discussing the duties of corporate directors. Key points include:
..Directors comply with their duty to exercise adequate oversight if the board makes a...more
A recent decision by the North Carolina Business Court potentially makes it more difficult for shareholders to challenge mergers and acquisitions in North Carolina. The Court held that an action against a company’s officers...more
In a groundbreaking new decision, the United States District Court for the Eastern District of North Carolina has dismissed “say on pay” claims against officers and directors of Dex One Corporation. Smith Anderson served as...more