The University of North Carolina School of Law recently honored Brooks Pierce attorney and former North Carolina Supreme Court Chief Justice Henry Frye with a commissioned portrait. The portrait, painted by John Seibels Walker, was a gift from the Class of 2013 to honor Frye’s legacy as a trailblazer in the profession.
Brooks Pierce partner Mark Davidson was a presenter at the 75th Annual Symposium for the North Carolina Association of CPAs held at the Grandover Resort & Conference Center on November 17-19, 2014. This year's conference attendees consisted of more than 900+ partners, owners, presidents and vice presidents of finance, CEOs, directors of finance, and CPA/attorneys.
Brooks Pierce partner Charles S. Baldwin, IV, was a panel speaker for the North Carolina Foreign Trade Promotion Council’s Annual Conference, held at Cape Fear Community College on October 7 and 8, 2014.
In North Carolina, an accounting firm now owes a fiduciary duty to its audit client, both as a matter of law and as a matter of fact.
On November 4, 2014, a North Carolina appellate court held — for the first time — that an accounting firm has a fiduciary duty to its client when performing an independent audit. See Commscope Credit Union v. Butler & Burke, NO. COA14-273, 2014 N.C. App. LEXIS 1131 (N.C. App. Nov. 4, 2014).
Brooks Pierce partners Alex Elkan and Kyle Woosley provide an Environmental Law Update concerning the uncertainty about the time limit for filing a groundwater contamination claim in North Carolina.