By Ben Baldwin Hello, fellow members of the Business Law Section, and welcome to the 2020-2021 bar year. Please permit me to begin the way I find myself beginning pretty much all written correspondence these days—with an expression of hope that you all are healthy and are navigating things safely and as cheerfully as possible! […]
By Peter Mattocks Many nonprofits in North Carolina are on the front lines of the COVID-19 crisis struggling to meet increased demands for their services and may not be focused on logistical problems related to having member meetings. The North Carolina Nonprofit Corporation Act (the “Act,” as set forth in Chapter 55A of the North […]
By Ben Baldwin Dear Members of the Business Law Section: Yesterday (Tuesday, April 7, 2020) the office of the North Carolina Secretary of State advised registered agents of entities organized in North Carolina as follows: “By law, most Annual Reports and fees are due April 15 for corporations, LLCs, and other business entities. Like many […]
By Ben Baldwin Chair of the NCBA Business Law Section Dear Members of the Business Law Section: Yesterday (Wednesday April 1, 2020) Governor Roy Cooper issued Executive Order 125 (“Authorizing and Encouraging Remote Shareholder Meetings During the COVID-19 State of Emergency”). The Order, which is limited in effect to corporations holding shareholder meetings under the […]
By Ritchie Taylor and Bradley S. Wooldridge The Coronavirus pandemic has caused an unprecedented halt to our otherwise healthy economy. Senate Republicans and Democrats, along with Secretary Mnuchin and the Trump administration, have been working since late last week on what they have referred to as the Phase III of the COVID-19 legislation, which is […]
By Kenneth H. Marks and John A. Howard The selling process for a privately held company has many nuances, including the analysis of the total value of a transaction. For the experienced seller and their team, terms and conditions of the deal can be just as critical as the purchase price. One of those key […]
The North Carolina Department of the Secretary of State will be closing its buildings to the public, effective March 20 at 4 p.m. until further notice in response to state and federal guidelines on social distancing to stem the spread of Coronavirus. This will affect the downtown Raleigh facility at 2 South Salisbury Street and the office […]
By Will Quick Chair, Litigation Section Pro Bono Committee Our section membership has a strong tradition of supporting and participating in pro bono and community service activities—both those planned and sponsored by the NCBA and those that you undertake on your own or with other organizations. We are in unprecedented times with COVID-19 (Coronavirus), and […]
By Ben Baldwin Message from the Chair of the NCBA Business Law Section Dear Members of the Business Law Section: On Thursday, February 13, the Business Law Section held its annual Business Law Institute CLE, which was followed the next day by its Annual Meeting and CLE (which was held in conjunction with the Annual […]
By Ben Baldwin The Business Law Section of the North Carolina Bar Association seeks nominations for the Alfred L. Purrington III Memorial Public Service Award. This award (which was established earlier this year and would now be given for the very first time) honors the memory of Alfred L. Purrington III, a distinguished member of […]