GREEN v. FREEMAN

No. 424A12.

749 S.E.2d 262 (2013)

Michael A. GREEN and Daniel J. Green, Plaintiffs v. Jack L. FREEMAN, Jr., Corinna W. Freeman, Piedmont Capital Holding Of NC, Inc., Piedmont Express Airways, Inc., Piedmont Southern Air Freight, Inc., and Nat Group, Inc., Defendants v. Lawrence J. D'Amelio, III, Third-Party Defendant.

Supreme Court of North Carolina.

November 8, 2013.


Attorney(s) appearing for the Case

Thomas B. Kobrin , Greensboro, for plaintiff-appellees.

Rossabi Black Slaughter, P.A., Greensboro, by Gavin J. Reardon and T. Keith Black , for defendant-appellant Corinna W. Freeman.


MARTIN, Justice.

In this case we are presented with a failed corporate venture and asked what remedy, if any, is available to plaintiffs. We hold that plaintiffs did not present evidence sufficient to establish a breach of fiduciary duty claim and reverse the decision of the Court of Appeals on that issue. We reverse and remand to the Court of Appeals for application of the piercing the corporate veil doctrine to plaintiffs' agency claims.

Defendant Corinna...

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