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21 Sep 2015, 8:59 am by Mack Sperling
  North Carolina rejected that basis for fees -- which allows an award when the class plaintiff "confers a common monetary benefit on the class" -- in In re Wachovia Shareholders Litig., 168 N.C. [read post]
7 Sep 2015, 2:47 pm by Kevin LaCroix
  Fourth Circuit Affirms Dismissal of All Claims Against Failed Bank’s Directors But Reinstates Negligence Claims Against Bank’s Officers: As discussed here, on August 18, 2015, in an interesting opinion that takes a close look at exculpatory bylaw issues and the business judgment rule under North Carolina law, the Fourth Circuit affirmed in part and reversed in part the district court’s dismissal of the failed bank lawsuit the FDIC had filed against former directors and… [read post]
5 Aug 2015, 6:28 am
Williams, 362 N.C. 628, 669 S.E.2d 290 (North Carolina Supreme Court 2008) (quoting In re Greens of Pine Glen, Ltd. [read post]
16 Jun 2015, 12:35 pm by Shea Denning
The court re-affirmed these long-understood principles in State v. [read post]