North Carolina Business Litigation Report

Bueche v. Noel, June 4, 2007 (Tennille)(unpublished)

The Business Court found that a case raising claims for receivership, securities law violations, piercing the corporate veil, and unfair and deceptive practices fell within its mandatory jurisdiction.  Among other things, the Court held that "claims based on piercing the corporate veil clearly fall within" its mandatory jurisdiction because they involve a material issue related to the law governing corporations under N.C. Gen. Stat. sec. 7A-45.4(a)(1).

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Mack Sperling
Brooks Pierce, LLP
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