Articles

Prudent Bidding on Real Estate at a Foreclosure Sale

Written By Clifford P. Parson

A Binding Contract In a traditional real estate purchase transaction, a willing buyer and a willing seller enter into a negotiated contract which customarily provides that the buyer may terminate the contract if the resul…

It's Finally Here! The IRS Unveils the Section 409A Deferred Compensation Document Correction Program

After years of delay, the IRS started 2010 off right by releasing Notice 2010-6 ("Notice 2010-6") which implements a correction program for deferred compensation documents that are not compliant with Section 409A of the In…

North Carolina Agribusiness Suffers as a Result of the Flu

Written By William S. Durr

In April 2009, an influenza virus infection identified as "novel 2009 H1N1" or, simply, the "H1N1 virus," was detected in humans in North America.  The virus quickly spread around the world.  The first national m…

Breaking the Record: Public Records Under the North Carolina Public Records Act

Written By Alexander C. Dale and Allen N. Trask, III

Public records can be important tools for a variety of business purposes.  Need to know the winning bid for a similar government project like the one up for bid?  Check the records.  Need to know whether a b…

Development Agreements - Long-Term Projects, Extended Vested Rights, and Infrastructure Expense Reimbursements

Written By Amy P. Wang

Legal Update As coastal North Carolina continues to see increased interest in living in untapped areas of the "inner banks" and the resulting population boom, a new tool has become available for developers and municipalit…