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Posts about joel young written by Mike Masnick

In a recent decision from the Middle District of North Carolina, a federal district court found a plaintiff in a Fair Credit Reporting Act FCRA case to have Article III standing to bring his claims in federal court, relying on the Supreme Court’s ruling in Ramirez last year.

In a recent decision from the Middle District of North Carolina, a federal district court found a plaintiff in a Fair Credit Reporting Act FCRA case to have Article III standing to bring his claims in federal court, relying on the Supreme Court’s ruling in Ramirez last year.

To rescind an unfavorable agreement based upon duress, a party must show factors other than the opposing party’s mere threat to breach an agreement. Absent such outside factors, the Business Court held, a shareholder was not entitled to rescind the the shareholder agreement.

An entity created for a special purpose does not mean piercing the entity’s corporate veil is appropriate. A plaintiff must assert factual allegations showing the SPV is an instrument and/or alter ego of another. Loray Master Tenant v. Foss N.C. Mill Credit 2014 Fund I