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Hundred dollar bills in handcuffs

40,979 Reasons Not to "Press Charges" Against a Debtor in Bankruptcy

Written By Lance P. Martin

It is a cardinal sin to attempt to collect a debt or repossess collateral after a borrower files bankruptcy.  Bankruptcy triggers the automatic stay – a command, not a suggestion, that collection activity cease…

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LGBTQ rainbow flag flying in front of Supreme Court building

For Employers: Understanding the Supreme Court's Title VII Ruling

Written By X. Lightfoot and Devon D. Williams

Understanding the Supreme Court’s Narrow Title VII/LGBTQ Ruling On June 15, 2020, the Supreme Court of the United States (“SCOTUS” or the “Court”) ruled in Bostock v. Clayton County, Geo…

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3 hands putting together puzzle shaped as a house

Call of [Fiduciary] Duty: How Good Faith, Due Care, and Loyalty Guide Community Associations' Boards

Written By Allen N. Trask, III and Amy H. Wooten

Nearly 30 percent of North Carolina's population lives in a community association of some sort, be that a condominium or single-family community.  Yet, confusion among the general population about the nature of …

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Construction hard hat filled with paper money

The Notice of Contract Mechanism: How Contractors Can Avoid Double Payment

Written By Jason T. Strickland

As the economic crisis stemming from the coronavirus pandemic unfolds, it is ever more important that contractors and subcontractors protect their payment rights and avoid the risk of double payment; i.e., the risk of havi…

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Man putting money in a jar while writing notes

Controlling Expenses in Small Business Chapter 11 Cases

Written By Lance P. Martin

We previously informed you that if you are a small business that needed to file bankruptcy to save your company, you may be able to take advantage of Subchapter V of Chapter 11 of the Bankruptcy Code.  Subchapter V w…

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Toy houses on top of Jenga stack as hand pulls out a block

Your HOA Got Served: Now What?

Written By Allen N. Trask, III and Amy H. Wooten

The unfortunate reality for many community associations and their boards of directors is that at some point in their existence they will be sued.    When that happens, there are a number of basic but import…

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