NC Fiduciary Litigation Commentary
In 2023, the legendary musician Jimmy Buffett passed away at the age of 76. Since then, a flurry of legal claims have surfaced over his $275 million estate. Majority of Mr. Buffett’s assets went to his widow, Jane Slagsvol, as the main beneficiary. However, Mr. Buffett also named Richard Mozenter, his long-time business partner, as…
Starting a business with someone often begins with excitement and trust. You make plans, divide responsibilities, and work toward a shared vision. But when trust breaks down, the damage can be personal and financial. In the case of Friedmann v. Griffin, Terry Friedmann, a thirty percent owner of Oceanic Partners Holdings, LLC, alleged that James…
The explosion of AI-generated images is transforming industries from marketing to entertainment, but it’s also creating a new frontier of legal challenges. Artists and businesses are increasingly using AI tools to produce stunning visuals in seconds. Yet the legal system is racing to keep up with questions about who owns these creations, how existing copyright…
North Carolina businesses and employees should keep an eye on House Bill 269—the “Workforce Freedom and Protection Act”—which, if passed, will significantly change the landscape for noncompete and non-poaching agreements. Traditionally, employers have used noncompete clauses to limit a former employee’s ability to work for a competitor within a certain time frame, geographic area, or…
Ten years ago, if you asked a kid what they wanted to be when they grew up, they would say something like ‘doctor’ or ‘astronaut.’ If you asked a kid the same question today, chances are they would say ‘influencer.’ Recently, kidfluencing has experienced a surge in popularity. If you’re unfamiliar with the term, kidfluencers…
As we recognize Pride Month this June, it’s a timely moment to discuss the estate planning and litigation concerns that continue to affect LGBTQ+ individuals and couples. While the legalization of same-sex marriage marked a major step forward, it didn’t erase the risks that arise when estate plans are unclear, outdated, or contested. For LGBTQ+…
Taylor Swift may be known for her chart-topping hits and sold-out stadium tours, but behind the music is a masterclass in business acumen. Swift’s career has shown that success in the spotlight often depends on strategy behind the scenes. Her bold move to re-record her old albums to regain control over her masters wasn’t just…
Collectibles often tell a story far richer than their price tag suggests. Whether it’s a Super Bowl ring, a vintage comic collection, or a signed baseball bat, these items can hold enormous sentimental and financial value. But when someone passes away without a clear estate plan, such prized possessions can become flashpoints in family disputes.…
When business deals break down, parties often attempt to escalate a simple breach of contract into something more dramatic—such as a claim for fraud or negligent misrepresentation. But in North Carolina, the economic loss doctrine (ELD) draws a clear line. This legal principle bars tort claims for purely economic losses that arise out of a…
A recent legal filing by Jane Buffett, the widow of beloved musician Jimmy Buffett, sheds light on just how emotionally and legally complex estate matters can become—even when a trust exists. According to a Yahoo News article, Jane has filed a lawsuit seeking to remove accountant Richard Mozenter as co-trustee of the late singer’s $275…