By North Carolina Judicial Branch
Cherry Cmty. Org. v. Sellars
Whether, under common law agency tenets, a principal in a joint real estate development venture is imputed with the knowledge of a co-principal's intent to defraud creditors by way of an insider conveyance of real estate property that is the subject of a lawsuit filed by the co-principal's creditor.
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Summary
Whether, under common law agency tenets, a principal in a joint real estate development venture is imputed with the knowledge of a co-principal's intent to defraud creditors by way of an insider conveyance of real estate property that is the subject of a lawsuit filed by the co-principal's creditor.