Legal Toolkit for College Students

Heading off to college is an exciting milestone. For many families, it is also the first time a child will be living independently as an adult. Once a student turns 18, parents no longer have automatic authority to make medical or financial decisions on their behalf. That can create real challenges if...

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Partner Buyout Strategies: Planning for Smooth Transitions

When one business partner decides to move on, the ripple effects can be felt throughout the company. Whether it’s the result of retirement, illness, or a career shift, a partner’s departure doesn’t have to create instability. A clear, well-thought-out buyout strategy can keep operations on track and relationships intact. At Patrick, Harper...

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How Do I Prove Non-Fulfillment in a Contract?

When a counterparty in a contractual relationship fails to fulfill its obligations under the contract, you may have a legal claim in North Carolina to recover compensation for your losses. But how do you prove when non-fulfillment of a contract has occurred?

Understanding Contractual Obligations
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What to Include in a Business Operating Agreement

The owners of a limited liability company in North Carolina can create an operating agreement to establish formal rules and procedures for governing and operating their business. An operating agreement serves the same role for an LLC as the shareholders agreement and bylaws do for a corporation. Even single-member LLCs can benefit...

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