Keener Lumber Co., Inc. v. Perry

HUNTER, Judge.

Defendant Leon W. Perry, III (“Perry”) appeals from the trial court’s judgment (1) upholding a jury verdict that Perry committed constructive fraud, and (2) determining as a matter of law that Perry’s conduct in his business relationship with Keener Lumber Company, Inc. (“plaintiff’) amounted to an unfair and deceptive practice. We affirm in part, reverse in part, and remand in part for a new trial on plaintiff’s constructive fraud claim.

This case involves three corporations and one individual. The first corporation is plaintiff Keener Lumber Company, a North Carolina…