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Blurred bottles of liquor at a bar

Cheers to this! Good News for the North Carolina Alcoholic Beverage Industry

Written By Jane Francis Nowell and Tyler J. Russell

Senate Bill 527: ABC Omnibus has been adopted by the North Carolina General Assembly and is heading to Governor Cooper for signature.  This legislation, if signed as expected, will bring significant reforms to the st…

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Image of an unfair track and field stadium

It Just Got More Difficult to Qualify For Subchapter V Bankruptcy

Written By Lance P. Martin

Subchapter V of Chapter 11 of the Bankruptcy Code, which took effect four years ago, creates a more streamlined and less expensive Chapter 11 reorganization path for small business debtors.  Popular from the jump, un…

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trial in the courtroom

The Importance of Oral Arguments in Appellate Courts: Insights for Trial and Appellate Practitioners

Written By Chris S. Edwards

Recent stats show an interesting trend in the U.S. Court of Appeals for the Fourth Circuit: oral arguments are held in just 13% of cases. This differs from other circuits like the D.C. Circuit, where almost 50% of ca…

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North Carolina Legislative Building

The State Budget Showdown: House and Senate Budget Proposals Compared

Written By Whitney Campbell Christensen

During the 2023 Long Session, the General Assembly enacted a two-year budget to carry the state through June 30, 2025. While that budget remains in place, it is standard practice for the General Assembly to enact a budget…

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Businesses rival pulling rope

Breaking Up is Hard to Do: Practical Advice for Exiting an LLC

Written By Lee C. Hodge and Olivia G. Lewis

Cutting ties with business partners is a delicate and often complex process. Whether driven by irreconcilable differences, strategic shifts, or personal reasons, disengaging from business partners requires careful conside…

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Financial Maze

A Primer for Creditors Navigating the Bankruptcy System

Written By Jameson A.E. Doub and Thomas C. Wolff

Bankruptcy filings affect businesses across America. The Bankruptcy Code is complex and difficult to navigate.  But when used properly, it can help creditors to minimize losses when a customer files bankruptcy. …

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