By Ed Boltz, 23 May, 2026

NC. Bus. Ct.: Gray Constr., Inc. v. Future Meat Techs., Inc.- Automatic Stay and State Court Receivership- But Why Not a Bankruptcy?

Summary:

The collapse of the much-publicized Believer Meats cultured-meat facility in Wilson County has now moved from construction disputes into full-blown insolvency administration. But rather than filing a federal bankruptcy case under Chapter 11, Subchapter V, or even Chapter 7, the parties instead proceeded through North Carolina’s Commercial Receivership Act. That strategic choice may ultimately become the most interesting aspect of this case.

By Ed Boltz, 21 May, 2026

N.C. Bus. Ct.: State of North Carolina v. MV Realty — Consent Judgment Permanently Voids MV Realty “Covenants Running with the Land”

Summary:

In this sweeping Consent Judgment, the North Carolina Attorney General effectively finishes what the North Carolina Business Court had already begun in its earlier summary judgment ruling against MV Realty: dismantling the company’s attempt to transform exploitative listing agreements into purported “covenants running with the land.”

By Ed Boltz, 19 May, 2026

N.C. Ct. of Appeals: Myers v. Smoky Mountain Country Club Property Owners’ Association — Bankruptcy Confirmation Orders Still Matter, Even When the “Debtor” Is the POA

Summary:

In a pair of unpublished but fascinating decisions, the North Carolina Court of Appeals once again returned to the seemingly never-ending Smoky Mountain Country Club litigation saga, this time reversing a trial court that had attempted to relieve homeowners from paying assessments arising out of a Chapter 11 plan confirmed in the bankruptcy case of the property owners’ association itself.

By Ed Boltz, 18 May, 2026

N.C. Ct. App.: Frazier v. TitleMax of Virginia, Inc. — North Carolina Courts Continue Rejecting TitleMax’s Efforts to Escape Liability Through Arbitration and Choice-of-Law Clauses

Summary:

In a trio of unpublished but significant decisions, the North Carolina Court of Appeals affirmed arbitration awards against TitleMax arising from high-interest cross-border vehicle title loans made to North Carolina residents. The primary decision, Frazier v. TitleMax of Virginia, Inc., was accompanied by the companion cases of Jefferies v. TitleMax of South Carolina, Inc. and Hood v.

By Ed Boltz, 18 May, 2026

N.C. Ct. App.: Frazier v. TitleMax of Virginia, Inc. — North Carolina Courts Continue Rejecting TitleMax’s Efforts to Escape Liability Through Arbitration and Choice-of-Law Clauses

Summary:

In a trio of unpublished but significant decisions, the North Carolina Court of Appeals affirmed arbitration awards against TitleMax arising from high-interest cross-border vehicle title loans made to North Carolina residents. The primary decision, Frazier v. TitleMax of Virginia, Inc., was accompanied by the companion cases of Jefferies v. TitleMax of South Carolina, Inc. and Hood v.

By Ed Boltz, 15 May, 2026

Bankr. W.D.N.C.: DBMP Gets Stay Pending Appeal on Privilege Waiver Ruling in Texas Two-Step Litigation

Summary:

In one of the more consequential procedural rulings yet arising from the ongoing DBMP LLC “Texas Two-Step” bankruptcy, Judge Ashley Austin Edwards granted a stay pending appeal of her earlier privilege-waiver decision that had ordered disclosure of hundreds of allegedly privileged documents in the sprawling asbestos litigation surrounding DBMP and related entities.

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