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N.C. FEDERAL SAV. AND LOAN ASS'N v. RAY

No. 8826SC1273.

382 S.E.2d 851 (1989)

NORTH CAROLINA FEDERAL SAVINGS AND LOAN ASSOCIATION, Plaintiff, v. John RAY, Defendant.

Court of Appeals of North Carolina.

September 5, 1989.

Attorney(s) appearing for the Case

Bailey, Patterson, Caddell & Bailey by H. Morris Caddell, Jr., Charlotte, for plaintiff-appellant.

J.J. Wade, Jr., Charlotte, for defendant-appellee.

JOHNSON, Judge.

Plaintiff North Carolina Federal Savings and Loan Association (hereinafter "plaintiff" or "NCF") instituted this legal malpractice action against defendant-attorney John Ray (hereinafter "defendant") by the filing of its complaint which alleged that defendant was professionally negligent and in breach of his fiduciary duty to plaintiff in handling the closing of a construction loan for plaintiff. Plaintiff asserts that defendant failed at the closing...

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