Many years ago, I brought in my first case. The matter grew out of a residential real estate sale. I was a recent graduate. The lawyer for the other side had many years in practice. He fired off a letter threatening a host of claims, including a section 75-1.1 claim. […]
Category: 75-1.1 Exemptions
We have written previously about the interplay between our insurance laws and section 75-1.1, including the requirement that a plaintiff must show actual and reasonable reliance when its claim rests on misrepresentations. We also visited (carefully) with the Broad Street Bullies in an earlier decision that looked at the relationship […]
It’s not every day that our state’s highest court gets an opportunity to weigh in on the scope of N.C. Gen. Stat. § 75-1.1. Last month, the North Carolina Supreme Court issued an important opinion on two familiar exemptions to liability under the statute: the securities exemption and the internal-business-disputes exemption. […]
A business dispute involving several parties and claims, intellectual property, and alleged damages to the tune of $33 million sure sounds like the type of high-stakes, complex business case destined to be litigated in the North Carolina Business Court, especially when a Superior Court Judge suggests that the case may […]