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November 16, 2021

7 Due Diligence Issues to Avoid False Claims Act Lawsuits

Nelson Mullins partners Jennifer Malinovsky and Ed White join Alice Harris, an attorney with Nexsen Pruet, to go over the key compliance areas to look for in due diligence. 

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Old North State Report

Nov. 12, 2021

Old North State Report – November 12, 2021

By George M. Teague, Dennis A. Wicker, Dodie B. Renfer

Time's Up - Budget Vote Planned, As Negotiations Reach Impasse

Four months late, the $25.7 billion North Carolina state budget is finally moving ahead next week with votes in the General Assembly.  That means thousands of teachers and other state employees could get raises, tax cuts could be on their way, construction projects all across the state could get rolling, and a comprehensive state budget could be passed for the first time in three years.  It also means Governor Roy Cooper could face the threat of a veto-override for the first time in nearly three years as budget negotiations grind to a conclusion.  It has been forty months since a new comprehensive state budget was enacted into law.  Republican legislative leaders and the Democratic governor have quietly been trying to reach a compromise since July, but time is about up.  Lawmakers are ready “come hell or high water” to pass a budget, a top Republican told reporters Wednesday evening.

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Moore Out for 2022 Bid

North Carolina House Speaker Tim Moore will not run for Congress in 2022 — the first major fallout from U.S. Rep. Madison Cawthorn’s decision to switch congressional districts.  Rep. Jason Saine, a Lincolnton Republican and chair of the powerful Appropriations Committee, said Moore “will seek re-election as Speaker,” in a text message to The News & Observer on Thursday night.  Moore told members of his caucus in individual phone calls this week that he will run for another term in the state House and asked for their support for speaker, a source close to Moore told The News & Observer on Thursday night.

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NC: Top State for Business Client in 2021

After sharing the No. 1 spot with Georgia in 2020, North Carolina ranks as the nation’s top state for business climate in 2021, according to Site Selection magazine, as reported by the Charlotte Business Journal.  North Carolina held the No. 2 spot in the publication’s annual ranking for five consecutive years before its first-place tie in 2020. The state previously enjoyed a six-year run in the top spot from 2005 through 2010.

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