From April 2009 through January 2010, I did a post at the
beginning of each month on the new cases designated to the Business Court
during the prior month. That's been missing during my hiatus, without any
outcry, but I am now resuming that service for October 2010. There were
nine new cases last month, running the usual gamut of minority shareholder
claims to trade secrets claims, and breaches of fiduciary duty.
Blount Three Properties, LLC v. York Properties, Inc. (New
Hanover): Allegations that promoter and broker of shopping center
development failed to make material disclosures prior to the sale of the
property to the Plaintiffs
Carolinas AGC, Inc. v. Goodrich Hendry
(Mecklenburg)(Diaz): claims that Defendant misappropriated Plaintiff's
confidential information and trade secrets to develop an internet database in
competition with the Plaintiff.
Dugdale v. Polymer Group, Inc. (Mecklenburg)(Diaz):
action by shareholder of Plaintiff to enjoin acquisition of the Plaintiff by
Blackstone Group LP based on alleged breaches of fiduciary duties of the
directors of Plaintiff. Plaintiff seeks class action certification.
Read New Cases In
The North Carolina Business Court: October 2010 in its
entirety on North
Carolina Business Litigation Report, a blog for lawyers focusing on issues
of North Carolina business law and the day-to-day practice of business
litigation in North Carolina courts.