As a general rule in North Carolina, lenders typically do not owe a fiduciary duty to borrowers. But the state Court of Appeals has noted an exception to that rule in a case involving a lender that also served as ...Read More »
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A federal judge’s interpretation of a broadly written pollution exclusion clause has allowed an insurer to avoid picking up a $7 million tab for legal costs incurred by the Charlotte-based National Gypsum Co. But another insurer could be left holding ...Read More »
After bellyaching about the potentially high cost of an adverse ruling against the state involving the Map Act, the North Carolina Department of Transportation retained a stable of expensive private lawyers at the expense of taxpayers. According to attorneys for ...
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See related story on proposed legislation that would change or repeal the Map Act. A group of property owners who are beating the North Carolina Department of Transportation in a high-stakes fight over the Map Act have asked the Supreme ...Read More »
Despite a major loss at the North Carolina Court of Appeals and mounting pressure from the legislature to scrap the Map Act, the state Department of Transportation is not reversing course. The DOT on March 24 urged the state Supreme ...Read More »
A group of Republican state lawmakers are pushing legislation that would repeal the Map Act, a unique and controversial law that saves the state money on road projects but which opponents say devastates communities and causes homeowners heartache. “I wanted ...Read More »