Trust and Estate Litigation

Lord & Lindley - Lawyers in Charlotte NC

Employers Win Relief in Fight Over Pension Plan Attorney Fees

July 19, 2024

A recent district court decision offers a win for employers facing withdrawal liability arbitrations with multiemployer pension plans. The case, Nevada Resorts Ass’n–Int’l All. of Theatrical Stage Emps. and Moving Picture Mach. Operators of the U.S. and Canada Local 720 Pension Trust v. JB Viva Vegas, L.P. (D. Nev. Mar. 29, 2024), throws a wrench…

Read More

Prince’s Estate Dispute: Court Rejects Heirs’ Bid to Dismiss Lawsuit

July 12, 2024

The legal wrangling surrounding the estate of music legend Prince continues. According to a recent Associated Press article, a Delaware judge has rejected a motion to dismiss a lawsuit filed by Prince’s former business advisors, L. Londell McMillan and Charles Spicer Jr. At the heart of the dispute is a limited liability company (LLC) established…

Read More

What is the Difference Between Mediation and Arbitration?

June 21, 2024

Facing a disagreement? Don’t rush to court just yet. Mediation and arbitration offer alternative dispute resolution (ADR) options, but they approach conflict resolution in very different ways. Understanding these differences can help you choose the best path to settle your case. The Mediator: A Facilitator, Not a Judge Imagine a neutral third party guiding open…

Read More

Aldersgate Fights Back: Lawsuit Seeks Dismissal of Racketeering Claims Amid State Oversight

June 14, 2024

This past Monday, June 10th, North Carolina state insurance regulators extended their financial watch over the local Charlotte retirement community Aldersgate, continuing state supervision that started in August of 2023. The North Carolina Department of Insurance stated the reason for this was that Aldersgate was “insolvent or in imminent danger of becoming insolvent.” This comes…

Read More

Beware the Cloud: Lis Pendens and Real Estate Transactions

June 7, 2024

Imagine finding your dream home, only to discover a legal cloud hanging over it. This cloud could be a lis pendens, a Latin term meaning “suit pending.” It’s a formal notice filed in public land records that alerts potential buyers and lenders of a lawsuit involving the property’s ownership or rights. A lis pendens provides…

Read More

What it Means to Have a Fiduciary Financial Advisor

May 24, 2024

These days, many financial advisors are promoting themselves as fiduciaries. But what exactly does that mean? And how can it benefit you? What is a fiduciary? A fiduciary is someone who has a legal obligation to act in the best interests of another person. This means that they must put your needs before their own.…

Read More

Beach Boys Founder Brian Wilson Placed Under Conservatorship After Wife’s Death

May 17, 2024

Legendary musician Brian Wilson, co-founder of the Beach Boys, was recently placed under a conservatorship by a Los Angeles court. This decision comes more than three months after the passing of his wife Melinda, who served as his primary caregiver. Following Melinda’s death, the responsibility of caring for Brian has fallen on his longtime publicist…

Read More

Family Feud Erupts at Longtime Charlotte Nursery Company

May 10, 2024

Baucom’s Nursery Co., a family-owned business that has been a staple in Charlotte for over 75 years, is embroiled in a bitter legal battle. The lawsuit pits Amon (Chip) Baucom Jr.’s side of the family against Gary Baucom’s side, with accusations of fraud, embezzlement, and self-enrichment flying. The dispute centers around allegations of financial mismanagement…

Read More

Beyond Your Bank Account: What Your Will Should Include for Your Loved Ones.

May 3, 2024

Many Americans face uncertainty about handling a loved one’s bank account after death. Almost half of Americans don’t have a will, according to a Gallup poll. This can make things complicated for your loved ones when you’re gone. Having a will allows you to designate who inherits your assets, including your bank accounts. Many bank…

Read More

The FTC Recently Voted to Ban Noncompete Agreements– What Does This Mean for North Carolina Employees?

April 25, 2024

On Tuesday, the Federal Trade Commission (FTC) voted 3-to-2 on the new rule to ban noncompete agreements for workers across the United States. Noncompete agreements prevent employees from leaving their place of work and going to other jobs within their industry. This new rule is designed to promote industry competition by “protecting the fundamental freedom…

Read More