North Carolina Business Litigation Report

Walters & Zimmerman, PLLC v. Zimmerman,, January 7, 2009 (Tennille)(unpublished)

The Court appointed a receiver to conduct the winding up of a dissolved professional corporation.  One of the reasons given by the Court was that the Member-Manager of the dissolved entity, a law firm, had a conflict due to her individual interests and the interests of her new professional corporation.

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Mack Sperling
Brooks Pierce, LLP
2000 Renaissance Plaza
230 North Elm Street
Greensboro, NC 27401

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150 Fayetteville Street
Raleigh, NC 27601