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Lockerman v. S. River Electric Membership Corp.

Citations

  • 794 S.E.2d 346
  • 2016 N.C. App. LEXIS 1234
  • 2016 WL 7094063

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • noting that de jure fiduciary duties, which “arise by operation of law” between “legal relations[,]” include those between “principal and agent” (citation omitted)
  • noting that de jure fiduciary duties, which “arise by operation of law” between “legal relations[,]” include those between “principal and agent” (citation omitted)
  • upholding a trial court’s grant of summary judgment in defendant’s favor with respect to plaintiff’s claim of a de facto fiduciary duty when plaintiff exercised some control over the disputed transaction and could not show that defendant “figuratively held all the cards”
  • “In North Carolina, a fiduciary duty can arise by operation of law (de jure) or based on the facts and circumstances (de facto) [.]”

Source: CourtListener parenthetical corpus (CC0).

Judges: Bryant

Read full opinion on CourtListener

Cited by

34 cases in this archive cite this case; the 20 most cited are listed.

Cites

3 cases in this archive are cited by this case.

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.