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Limited Liability Company (LLC) › North Carolina

Fox Rothschild LLP

Productivity and Progress: Recap of the 2024 Business Court Report and Some Civics

Fox Rothschild LLP on

Each February, the North Carolina Administrative Office of the Courts publishes its Report on North Carolina Business Court. The Report includes data on case types, number of cases, pending motions, and average age, with...more

Fox Rothschild LLP

Wide Access for Inspecting LLC’s Records has Narrow, but Crucial, Guideposts

Fox Rothschild LLP on

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

Ward and Smith, P.A.

Charging Order Limitations – You Can't Charge What They Don't Own

Ward and Smith, P.A. on

In North Carolina, a creditor who obtains a judgment against an individual with an ownership interest in a limited liability company or limited liability partnership may enforce its unsatisfied judgment by petitioning the...more

Fox Rothschild LLP

JNOV is a Tough Road, but it’s Not a One in a Million Shot

Fox Rothschild LLP on

A party seeking to unseat a verdict by JNOV “bears a heavy burden under North Carolina law.” Only a “scintilla of evidence” is needed to support the elements of the prevailing claim. But as the Business Court reminded in...more

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