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Gamechanger – Your Spouse’s Entitlement to Your Estate

May 16, 2014

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Written By Gregory T. Peacock
The Marital Elective Share When a married person dies, North Carolina and many other states provide the surviving spouse with an elective share of…
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Fixing the Fight Beforehand: The Use and Enforceability of Liquidated Damages Clauses in North Carolina Contracts

May 16, 2014

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Written By Allen N. Trask, III
The term “liquidated damages” describes an agreement between contracting parties to set a fixed monetary remedy in the event of breach of a contract. …
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Before the Aftermath: How to Prepare Now for the Possibility of a Privacy Lapse or Data Security Breach

May 16, 2014

Despite a greater focus on prevention than ever before, privacy lapses and data security breaches continue to increase as a source of financial, legal,…
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The Basics of Responding To A Civil Subpoena

May 14, 2014

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Written By Jeremy M. Wilson
There are many different kinds of subpoenas—civil subpoenas, criminal subpoenas, federal subpoenas, state subpoenas.  This article addresses North Carolina state court civil subpoenas and…
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Mitigating The Risk Of Extending Trade Credit: Taking Security From Your Delinquent Customer

April 30, 2014

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Written By Norman J. Leonard
Unless you operate a retail business selling to individual consumers, you probably sell your goods and services to customers on credit.  You may, at…
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Affordable Care Act Update: Are You Eligible For A Grace Period Until January 1, 2016?

April 11, 2014

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Written By Devon D. Williams
On February 12, 2014, the U.S. Department of the Treasury issued final regulations (“Final Rules”) for the Shared Responsibility for Employers Regarding Health Coverage…
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Changes to N.C. Limited Liability Company Act – Is it Time to Update Your LLC’s Operating Agreement?

April 2, 2014

Effective as of January 1, 2014, the North Carolina General Assembly completely repealed the North Carolina Limited Liability Company Act (“Old Act”) and replaced…