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Some of you may or may not know this, but I have spent an enormous amount of time over the last five years working on a case that went to the North Carolina Supreme Court. The Supreme Court issued an opinion in my client’s favor in March of 2018. The case finally ended in June of this year and it is nice to have it finished. The case involved an inverse condemnation claim. Two excellent attorneys, Matt Nichols...

The title of this post is confusing. LLCs do not have shares. Chapter 57D of the North Carolina General Statutes is the governing law pertaining to North Carolina Limited Liability Companies. Corporations, such as The Coca Cola Company, have shares to indicate ownership. Limited Liability Company ownership is a bit different than the ownership structure of a Corporation. North Carolina Limited Liability...

I was unable to sleep several years ago and found myself watching a financial advisor on TV. The financial advisor was going on and on about how everyone should have a trust so that their heirs did not have to go through the probate process. The financial advisor said that a trust would save everyone and their heirs a tremendous amount of time as well as money in probate fees and lawyer fees. Trusts do have...

Disclaimer: The information contained in this blog is provided for general informational purposes only, and may not reflect the current law in your jurisdiction. No information contained in this blog should be construed as legal advice from Kurt B. Fryar, Attorney at Law, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this blog should act or refrain from acting on the basis...

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