Legal Opinion

State Ex Rel. Long v. Petree Stockton, L.L.P.

Court of Appeals of North Carolina

Decided May 19, 1998No. COA96-1280PublishedCited by 28 opinions

1Opinion of the Court

JOHN, Judge.

Plaintiff State of North Carolina, on relation of Commissioner of Insurance James E. Long (Commissioner Long), acting as liquidator of the Investment Life Insurance Company of America (ILA), appeals the trial court’s grant of defendants’ motion to dismiss plaintiff’s complaint for failure to state a claim. We affirm.

Background information as alleged in plaintiff’s complaint is as follows: In 1985, four investors, including James E. Peterson (Peterson), a real estate developer and Winston-Salem resident, formed First Republic Financial Corporation (FRFC) as a holding company for…

2Cases cited19 opinions

  1. Sutton v. DukeSupreme Court of North Carolina · 1970
  2. Barger v. McCoy Hillard & ParksSupreme Court of North Carolina · 1997
  3. Lane v. ScarboroughSupreme Court of North Carolina · 1973
  4. Rowan County Board of Education v. United States Gypsum Co.Supreme Court of North Carolina · 1992
  5. Rhodes v. JonesSupreme Court of North Carolina · 1950

14 more not listed; retrieve them via the Exa API.

3Cited by28 opinions

  1. Walker v. SloanCourt of Appeals of North Carolina · 2000
  2. Hunter v. Guardian Life Insurance Co. of AmericaCourt of Appeals of North Carolina · 2004
  3. Sterner v. PennCourt of Appeals of North Carolina · 2003
  4. Jay Group, Ltd. v. GlasgowCourt of Appeals of North Carolina · 2000
  5. Piles v. Allstate InsuranceCourt of Appeals of North Carolina · 2007

23 more not listed; retrieve them via the Exa API.

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