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In the dynamic world of business, contracts are the lifeblood that keeps operations running smoothly. They serve as legally binding agreements that outline the terms and conditions of a business relationship, ensuring that all parties involved are on the same…
As a lawyer representing property owners in property insurance claim disputes, one key process my clients sometimes encounter is insurance appraisal. Here’s an overview of what insurance appraisal is, how it works in North Carolina, who pays for what, the…
When property owners receive insurance claim proceeds after filing a claim with their property insurance company, a common question arises: Are these proceeds taxable? Understanding the tax implications of insurance claim proceeds is crucial for property owners to manage their…
When navigating the aftermath of property damage, homeowners often not only face the physical loss of their property but also significant emotional distress. This stress can be exacerbated by the way an insurance claim is handled. In North Carolina, the…
Property insurance is a critical safeguard for businesses, offering protection against a range of unforeseen events that could otherwise disrupt operations and financial stability. In North Carolina, as in other states, business interruption insurance plays a pivotal role in this…
With the Blue Ridge Mountains to the west and the Atlantic Ocean to the east, North Carolina is home to many short-term rental properties, particularly those for vacationers. It is not uncommon, especially during hurricane season, for a property to…
"When is the right time to sell my business?" is a question business owners consider regularly. Considering “Should I sell my business?” is not a sign of trouble or financial desperation but could be a sign that you are ready…
If you did not receive an SBA disaster loan (PPP or other disaster loan), but receive a notice like the one below, you could be a victim of fraud and business identity theft. Fraudsters apparently obtained many of these types of SBA…
When you are making plans to open a new business in North Carolina, you are likely thinking about the types of business structures that are best for you and trying to determine how to form your business. There are a…
In North Carolina, parties who believe that a trial court’s judgment was based on a factual mistake or legal error could have standing to file an appeal, in which they can ask a higher court to reverse the lower court’s…
