Antichresis is when a debtor offers up an interest in a piece of real property to a creditor as a form of security for a specific debt. In the context of the law, such an agreement is legally binding, and if a debtor in an antichresis arrangement defaults on loan payments, the property rights can transition to the lender.
Bob Cone, a director of the firm, handles all areas of business and commercial litigation, including disputes between banks and their customers, construction disputes, products liability cases, contract cases, claims of unfair or deceptive trade practices, and landlord-tenant disputes. Bob has won a number of jury verdicts in federal and state courts, handled complex litigation as lead counsel in the North Carolina Business Court, and argued cases on appeal in the North Carolina Supreme Court and the United States Court of Appeals for the Fourth Circuit. His litigation practice includes alternative dispute resolution procedures. He is certified as a mediator for the United States Postal Service and in the North Carolina federal and state court systems.
Bob is a director and past chairman of Cone Health Foundation and a member and past president of the Rotary Club of Greensboro. He is a past chairman of the Board of Trustees of the Greensboro Public Library and a past vice-chairman of the Greensboro Urban Ministry. He is a past member of the Advisory Board of the Conflict Resolution Program at UNCG.
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100 North Greene Street Suite 600 Greensboro, North Carolina