Articles

Don't Bring My Spouse Into This.

Written By Lance P. Martin

In a case of first impression decided last month, the North Carolina Court of Appeals affirmed a trial court ruling that a guarantor-spouse may assert a violation of the Equal Credit Opportunity Act ("ECOA") as an affirmat…

But I'm Not The Employer! Personal Liability of Officers, Managers, Supervisors, and Shareholders Under Wage and Hour Laws

Written By Grant B. Osborne

Self‑employment is an important source of jobs in the United States, but the vast majority of American workers are employed by businesses owned or controlled by others.  Many such businesses are almost certainly…

Getting and Keeping Your Place in Line: Two Reminders if You Take Personal Property as Security for a Debt

Written By Norman J. Leonard and Lance P. Martin

As all creditors know, you must file a financing statement under the Uniform Commercial Code ("UCC"), called a "UCC-1," with the North Carolina Secretary of State to perfect a security interest in personal property (and wi…

Update On The Jumpstart Our Business Startups ("JOBS") Act

Written By E. Knox Proctor V

Recent rulemaking by the SEC on promising provisions of the 2012 JOBS Act is disappointing.  We await further rulemaking for other provisions to be effective. Summary This article updates our July 2012 article on t…

“T Minus 30 Days”: Are You HIPAA Compliant?

Covered entities and business associates have until September 23, 2013 to be compliant with the final omnibus rule that made sweeping changes to the privacy, security, enforcement, and breach notification rules under the H…