Legal Opinion

Nams Holdings, LLC v. Reece

North Carolina Business Court

Decided April 16, 2018No. 17-CVS-12288Published

1Opinion of the Court

NAMS Holdings, LLC v. Reece, 2018 NCBC 32. STATE OF NORTH CAROLINA IN THE GENERAL COURT OF JUSTICE SUPERIOR COURT DIVISION MECKLENBURG COUNTY 17 CVS 12288 NAMS HOLDINGS, LLC, a Delaware Limited Liability Company, Plaintiff, v. ORDER AND OPINION ON MOTION TO DISMISS GRANT C. REECE; JAMES B. COUNTERCLAIMS CHAPMAN; and SMART PROCESSING, LLC, a North Carolina Limited Liability Company, Defendants. 1. Plaintiff NAMS Holdings, LLC (“NAMS”) acquired the payment-processing business of Defendants Grant C. Reece and James B. Chapman in 2014. As part of the deal, Reece and Chapman became members of…

2Cases cited18 opinions

  1. Sutton v. DukeSupreme Court of North Carolina · 1970
  2. Lorillard Tobacco Co. v. American Legacy FoundationSupreme Court of Delaware · 2006
  3. Oberlin Capital, L.P. v. SlavinCourt of Appeals of North Carolina · 2001
  4. Concrete Service Corp. v. Investors Group, Inc.Court of Appeals of North Carolina · 1986
  5. Jackson v. BumgardnerSupreme Court of North Carolina · 1986

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