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Supreme Court of North Carolina
NC Supreme Court Affirms Summary Judgment in Real Estate LLC Dispute
The North Carolina Supreme Court affirmed a lower court's summary judgment ruling in a complex business dispute involving multiple real estate investment companies over membership and management of Yards at NoDa, LLC. The case, which began in 2016, involved claims of breach of fiduciary duty and constructive fraud between Gvest Real Estate and several defendant companies.
•North Carolina Supreme Court affirmed Business Court's summary judgment ruling in favor of defendants in real estate LLC ownership dispute
•Case involved competing claims over membership and management of Yards at NoDa, LLC between multiple real estate investment companies
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