SOUTHLAND NATIONAL INSURANCE CORPORATION v. LINDBERG

No. 173P23.

894 S.E.2d 748 (2023)

SOUTHLAND NATIONAL INSURANCE CORPORATION in Rehabilitation, Bankers Life Insurance Company in Rehabilitation, Colorado Bankers Life Insurance Company in Rehabilitation, and Southland National Reinsurance Corporation in Rehabilitation v. Greg E. LINDBERG, Global Growth Holdings, Inc. f/k/a Academy Association, Inc., Edwards Mill Asset Management, LLC, New England Capital, LLC, and Private Bankers Life and Annuity Co., Ltd.

Supreme Court of North Carolina.

December 13, 2023.


Attorney(s) appearing for the Case

Matthew Nis Leerberg , Attorney at Law, Raleigh, For Greg E. Lindberg, et al.

Troy D. Shelton , Attorney at Law, Raleigh, For Greg E. Lindberg, et al.

Aaron Z. Tobin , Attorney at Law, For Greg E. Lindberg, et al.

Wes J. Camden , Attorney at Law, Raleigh, For Southland National Insurance Corporation, et al.

Caitlin M. Poe , Attorney at Law, Raleigh, For Southland National Insurance Corporation, et al.

Lauren E. Fussell , Attorney at Law, Raleigh, For Southland National Insurance Corporation. et al.

Nathan W. Wilson , Attorney at Law, Raleigh, For Greg E. Lindberg, et al.

Christopher G. Browning, Jr. , Attorney at Law, Raleigh, For Universal Life Insurance Company.


ORDER

This matter is before this Court on defendants' petition for discretionary review of a decision of the Court of Appeals affirming the trial court's decision that defendants were liable for breach of contract and fraud but vacating and remanding the decision as it related to remedies available to plaintiffs for defendants' fraud. The petition is (1) allowed for the purpose of reviewing whether reliance is reasonable in a claim for fraud in the inducement when...

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