Legal Opinion
Edward Valves, Inc. v. Wake County
Court of Appeals of North Carolina
Decided January 3, 1995No. 9410SC290PublishedCited by 6 opinions
1Opinion of the Court
JOHNSON, Judge.
Edward Valves (plaintiff) has operated a manufacturing facility employing approximately 210 persons on South Saunders Street in Raleigh since 1964. The company manufactures specialty valves for the nuclear and fossil fuel power plant industry. On 10 March 1989 all of the assets of plaintiff were sold to BTR-Dunlop, Inc. (BTR). Because the sale to BTR was an asset sale, plaintiff was required under federal law to allocate the consideration paid for all of the purchased assets. The firm of American Appraisal Associates, Inc. (American Appraisal) appraised all of the assets of…
2Cases cited11 opinions
- Nordlinger v. HahnSupreme Court of the United States · 1992
- Kessing v. National Mortgage CorporationSupreme Court of North Carolina · 1971
- Township of Hillsborough v. CromwellSupreme Court of the United States · 1946
- Allegheny Pittsburgh Coal Co. v. Commission of Webster Cty.Supreme Court of the United States · 1989
- Safeguard Mutual Insurance Co. v. Robert A. Miller C. M. Clark Insurance Agency, Inc. v. Robert A. MillerCourt of Appeals for the Third Circuit · 1973
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3Cited by6 opinions
- Kottel v. StateMontana Supreme Court · 2002
- Wal-Mart Stores East, Inc. v. HintonCourt of Appeals of North Carolina · 2009
- Edward Valves, Inc. v. Wake CountySupreme Court of North Carolina · 1996
- In Re the Appeal of Southeastern Baptist Theological Seminary, Inc.Court of Appeals of North Carolina · 1999
- In re the Appeal of Blue Ridge Housing of Bakersville LLCCourt of Appeals of North Carolina · 2013
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