State Supreme Court will consider $600 million dispute involving Lindberg carolinajournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carolinajournal.com Daily Mail and Mail on Sunday newspapers.
Considers opinion in Earthgrains Baking Cos. v. Sycamore Family Bakery, Inc., where backdoor payments to a debtor by an LLC were deemed imputed distributions
An insurance company seeking almost $600 million from former top North Carolina political donor Greg Lindberg is seeking help from the state’s highest court. The company is asking the state Supreme Court to block a ruling earlier this month from the Court of Appeals.
Former top North Carolina political donor Greg Lindberg secured a partial victory Tuesday from the state Court of Appeals. The court threw out an injunction and another order related to a $600 million judgment against Lindberg.