Legal Opinion

G. Adrian Stanley & Associates, Inc. v. Risk & Insurance Brokerage Corp.

Court of Appeals of North Carolina

Decided August 6, 1996No. COA95-1077Published

1Opinion of the Court

SMITH, Judge.

Defendant Risk and Insurance Brokerage Corporation (RAI) appeals the trial court’s entry of summary judgment in favor of *533plaintiff G. Adrian Stanley & Associates, Inc. (Stanley). Judgment was entered against RAI in the amount of $261,433.67. We affirm.

Relevant factual and procedural information is as follows: On 1 April 1989, Stanley entered into a sales agreement with third-party defendant, Smith York & Company (Smith York), in which Stanley sold its book of insurance business to Smith York. On 7 June 1991, Smith York sold a substantial part of the business bought from Stanley…

2Cases cited7 opinions

  1. Davis v. Town of Southern PinesCourt of Appeals of North Carolina · 1994
  2. Gore v. George J. Ball, IncorporatedSupreme Court of North Carolina · 1971
  3. Hinson v. HinsonCourt of Appeals of North Carolina · 1986
  4. Klein v. Avemco InsuranceSupreme Court of North Carolina · 1975
  5. Electro Lift, Inc. v. Miller Equipment Co.Court of Appeals of North Carolina · 1969

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