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August 23, 2016
Posted in  Other 75-1.1 Issues

High Prices = Unfair Trade Practices?

Does N.C. Gen. Stat. § 75-1.1 ever support liability simply because the price of a good or service is too high? To our surprise, a recent decision from the U.S. District Court for the Eastern District of North Carolina answers “maybe so.” In Respess v. Crop Production Services, Inc., Senior District […]

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July 26, 2016
Posted in  Creditors Rights, Lender Liability, and Bankruptcy

Bankruptcy Court Rejects Unfair-Practices Claim Against Insurer Accused of Aiding and Abetting Conversion of Trust Funds

A recent decision reminds us that North Carolina’s bankruptcy courts often rule on claims under N.C. Gen. Stat. § 75-1.1. In re NC & VA Warranty Co. was an adversary proceeding in the bankruptcy of a warranty company. The company’s bankruptcy trustee tried to amend her complaint to assert breach-of-contract […]

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July 12, 2016
Posted in  75-1.1 Exemptions

A Quirky Exemption: “Internal” Business Disputes

A recent decision by the North Carolina Business Court highlights an important—and counterintuitive—limit on the scope of N.C. Gen. Stat. § 75-1.1. Section 75-1.1 says expressly that it applies to practices “in or affecting commerce.” Courts have interpreted this phrase as narrowing the fact patterns that the statute covers. The employment […]

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