As a matter of business hygiene, North Carolina’s records inspection statute is a bit of an information ATM. But the Business Court recently cautioned that a requester still has to press the right buttons. In Extra Care, LLC...more
As failed commercial property deals go, the one at the heart of Miriam Equities, LLC v. LB-UBS-2007-C2 Millstream Road LLC, 2022 NCBC 3, was not outside the norm for a Business Court transaction autopsy. There was a missed...more
5/12/2022
/ As-Is Clauses ,
Attorney's Fees ,
Auction ,
Breach of Contract ,
Business Court ,
Commercial Real Estate Contracts ,
Discovery ,
Inspections ,
Liquidated Damages ,
Pre-Closing Issues ,
Property ,
Property Access
A group of mostly powerless Class B members in a utility services firm suspected its only Class A member of self-dealing, but their suspicions did not mate with corporate authority to do much about it. However, blessed with...more