North Carolina Business Litigation Report

J Freeman Floor Company, LLC v. Freeman, March 14, 2009 (Diaz)(unpublished)

The Business Court, relying on the Court of Appeals decision in White v. Thompson, dismissed an unfair and deceptive practices claim brought by an LLC member who claimed that another member and manager had usurped Company opportunities and converted Company assets.  It held that there was no assertion that the defendant's "actions had any impact in the broader marketplace" and that dismissal was therefore appropriate.

Full Opinion

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Mack Sperling
Brooks Pierce, LLP
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