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Protecting the Rights of Minority Members in North Carolina Limited Liability Companies

Limited liability companies have been in common use in North Carolina for many years. The adoption of our original statute, its amendments, and the 2014 revision (LLC Act) reflected a process of acceptance that has eventually...more

Changes in North Carolina's Assumed Name Requirements

It has long been a requirement that a business operating in North Carolina under an assumed name file a certificate with the register of deeds identifying the actual name of the business owner. This information only filing...more

Franchise Opportunities: One Size Does Not Fit All

Purchasing a franchise opportunity has become a popular means of pursuing a new business venture. The idea of joining an established group and utilizing a recognized brand can offer an added level of comfort when going into...more

Personal Liability In Business Ownership/Operation

Common practice for well advised business owners is to operate the enterprise through a chartered corporation or other limited liability entity recognized in the state(s) in which the business will be operated. The main...more

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