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Like Brangelina, a Promissory Note and Guaranty May Be Separated

Written By Lance P. Martin

Recently, in the case of Emerald Portfolio, LLC v. Outer Banks/Kinnakeet Associates, LLC, the North Carolina Court of Appeals issued an opinion that reaffirms the independent nature of personal guaranty agreements. &n…

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Wet Weather Regulations Now More Expensive Under EPA's Industrial Stormwater Settlement Penalty Policy

Written By Amy P. Wang

Heavy and consistent rainfall this summer, even before Tropical Storms Hermine and Julia and Hurricane Matthew, produced a tremendous amount of stormwater.  Grass swales were too saturated to allow infiltration, and r…

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Not So Fast: Texas Judge Stops Department of Labor From Implementing New Overtime Rules on December 1st

Written By Grant B. Osborne

The United States District Court for the Eastern District of Texas has granted a preliminary injunction stopping the U.S. Department of Labor ("DOL") from implementing new overtime regulations.  The court concluded th…

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Why Do You Need a Buy-Sell Agreement for Your Closely Held Company?

Written By Merrill G. Jones, II

Why do you need a Buy-Sell Agreement for your closely held company?  In a nutshell, your business partner might die, become disagreeable, or just simply lose his or her mind, and you need a set of rules to resolv…

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Highway construction with cars, trucks, and equipment

Just Compensation for Contaminated Land

Written By Eric J. Remington

When a government agency or private party involuntarily takes your property (a proceeding called eminent domain or condemnation), you are entitled to receive "just compensation" for the property.  In North Caroli…

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Being Dismissive: The Realities of Having a Lawsuit Dismissed

Written By Allen N. Trask, III and Jeremy M. Wilson

We often hear the phrases "frivolous case" or "thrown out of court," and, as these sayings imply, we make broad assumptions about the procedural and substantive validity of a lawsuit based on our subjective (and …

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