Carolina Place Joint Venture v. Flamers Charburgers, Inc.
Court of Appeals of North Carolina
1Opinion of the Court
BRYANT, Judge.
The pertinent factual and procedural background is as follows: On 7 March 1991, Carolina Place Joint Venture (Carolina Place) entered into a ten-year lease agreement with Flamers Charburgers, Inc. (Flamers) for retail space in the food court of the Carolina Place Mall. On 1 August 1991 the lease commenced. On 16 September 1994, Shafique Alrumaih (Alrumaih), president and CEO of F.A. International (FAI), executed a personal guarantee of all obligations of FAI under the Franchise Agreement. As an inducement for Flamers to enter into the Franchise Agreement with FAI, Alrumaih…
2Cases cited9 opinions
- Koontz v. City of Winston-SalemSupreme Court of North Carolina · 1972
- Perry v. Southern Surety Co.Supreme Court of North Carolina · 1925
- Yates v. BrownSupreme Court of North Carolina · 1969
- Corbin v. LangdonCourt of Appeals of North Carolina · 1974
- In Re Foreclosure of Sutton Investments, Inc.Court of Appeals of North Carolina · 1980
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