Articles

How to Recover a Bid Deposit When a High Bidder Defaults on a Foreclosure Bid

Written By Lance P. Martin

Recently, in In re Ballard, the North Carolina Court of Appeals issued an opinion that provides a blueprint for a lender to pocket a cash recovery if it is outbid at a foreclosure sale but the high bidder subsequently defa…

Insurance and Liability: What You Need to Know if You Are Injured in an Automobile Accident

Written By Jeremy M. Wilson

It's an unfortunate fact, but each year over 100,000 people are injured in automobile accidents in North Carolina, and statistics suggest that nearly every driver will be involved in at least one automobile accident during…

Stormwater Rules Get Another Facelift

Written By Amy P. Wang

On February 15, 2016, the North Carolina Environmental Management Commission ("EMC") published proposed changes to various stormwater rules.  The public hearing process is currently underway, and the public has throug…

ACA Penalties: Tricky Navigation For a Parent Who is Not Required to Obtain Insurance Coverage

When separated or divorced parents share the responsibility for financial support of their minor children, the determination of which parent pays for the children's health insurance can have surprising repercussions at tax…

Love Won't Let Me Wait (for Congress): EEOC Files "Sexual Orientation" Employment Discrimination Lawsuits Based on Title VII of Civil Rights Act

Written By Grant B. Osborne

On March 1, 2016, the U.S. Equal Employment Opportunity Commission ("EEOC") did something that many in the world of employment law have anticipated for a long time but still find remarkable: it sued two employers in federa…

U.S. Supreme Court Tie Vote Leaves Equal Credit Opportunity Act Spousal Guarantee Defense Unresolved

Written By Lance P. Martin

The recent death of Justice Antonin Scalia has impacted a decision of great importance to lenders:  Does the Equal Credit Opportunity Act ("ECOA") protect a borrower's spouse when the lender requires the spouse to gua…