Category: Business Law

A Thunderstruck Wallet

A Thunderstruck Wallet

Have you ever felt annoyed by nasty thunderstorms, snowstorms, or bad weather that impact your day? How would you feel if those storms stopped you from getting to work and resulted in a smaller paycheck? Currently, no laws in North Carolina require employers to pay their employees who have been prevented from working due to severe weather conditions.

read more
A Breach of Good Faith

A Breach of Good Faith

Often, the parties involved in contract formation want to “win” and ensure the terms are most favorable to their objectives. Despite the pure competitiveness, North Carolina law implies a duty of good faith and fair dealing for those involved in contract formation. With that understanding, can one party enforce the duty of good fair, and fair dealing on their opposing party?

read more
Corporate Indemnification

Corporate Indemnification

In North Carolina, corporations can indemnify their directors, officers, employees, and agents. Indemnification is an agreement between the corporation and its employee to limit the personal liability of the employee when acting within the scope of their employment or on behalf of the corporation.

read more