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North Carolina Supreme Court Holds That Liberal Standard of Notice Pleading Applies to Judicial Foreclosure Actions

Written By Lance P. Martin

In an important decision for creditors, the North Carolina Supreme Court recently clarified the distinction between judicial foreclosure and non-judicial foreclosure by power of sale.  In U.S. Bank v. Pinkney, the Sup…

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What NC Community Associations Need to Know about Fair Debt Collection

Written By Norman J. Leonard

Nearly all Community Associations ("Associations") must cope with owners who fail or refuse to pay their periodic assessments (also known as "Dues").  When this happens, the Association, typically acting through its p…

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Asset Protection Planning: Steps You Should Consider Now

Written By Virginia S. Carter

Is the federal estate tax law going to change or be abolished under the Trump administration?  Time will tell.  One thing is certain: tax laws may change but the litigious nature of our society is not going away.…

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Seedlings growing out of soil

Succession Planning—Bet the Farm on It

Written By E. Bradley Evans, Matthew W. Thompson, and Peter B. von Stein

Despite recent trends toward consolidation in the agricultural industry, farming generally remains a family affair.  According to the United States Department of Agriculture, 98% of all farms in the United States are …

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North Carolina Supreme Court Adopts "Substantial Competent Evidence" Requirement for Borrowers Asserting "True Value" Defense in Foreclosure Deficiency Actions

Written By Lance P. Martin

On Friday, May 5, 2017, in a major victory for lenders, the North Carolina Supreme Court reversed the North Carolina Court of Appeals’s decision in United Community Bank v. Wolfe.  In July 2015, the Court of App…

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We Need a License To . . . Be a Charity?

Written By E. Knox Proctor V

Wait a minute!  Haven't we done everything we're supposed to do?  We've clearly defined our charitable mission.  We formed our non-profit corporation.  We got our 501(c)(3) determination letter from the…

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