Cases for NC
After several years in development by the North Carolina Bar Association Bankruptcy Section,
Cases for NC
After several years in development by the North Carolina Bar Association Bankruptcy Section,
Summary:
After selling his business to Evapco, Mr. Peterson continued to work for Evapco subject to a non-compete agreement. Despite this, Mr. Peterson formed other entities which Evapco asserted violated such agreement and defrauded Evapco. Evapco brought suit in Maryland, with the court there entering a default judgment as a sanction against Mr.
Mrs. Dev had filed three bankruptcy cases, with the second dismissed on September 12, 2017, and the third filed on February 13, 2018, for the purpose, among others, of stopping the foreclosure of her home by Coastal Federal Credit Union. CFCU brought a Motion for Relief arguing that it lacked adequate protection, that the plan was filed in bad faith, was abusive, and part of a scheme to delay, hinder and defraud CFCU. It sought in rem relief for two years. Ms.
Summary: