Disputes among business owners can be ugly. That ugliness lends itself to accusations of unfairness and deception. Maybe for this reason, business owners engaged in fisticuffs turn to N.C. Gen. Stat. § 75-1.1 for relief. It’s hard to blame them. The statute declares unlawful “unfair or deceptive acts or practices in […]
We have examined cases that explore exemptions to liability under N.C. Gen. Stat. § 75-1.1. The section 75-1.1 carve-outs include exemptions for securities transactions, internal business disputes, and employment matters. Courts have also generally excluded residential real estate sales from the statute. A recent decision from the North Carolina Court […]
We have recently examined several cases that explore the contours of two related exemptions to liability under N.C. Gen. Stat. § 75-1.1—the internal business disputes doctrine and the securities exemption. Courts generally exempt both the internal business affairs of a company and their securities transactions from 75-1.1 liability. The underlying […]
The North Carolina Business Court has issued several opinions this year that examine the contours of the “internal business affairs” doctrine. As we have explained in prior posts, North Carolina courts have recognized that internal business disputes are exempt from N.C. Gen. Stat. § 75-1.1 because they are not “in […]