As noted in the answer to FAQ - LAW # 2, the orchestrated resignations by Mr. Young's representative counsel eventually progressed to the absurd point of NO ATTORNEY IN NORTH CAROLINA would represent him . . . and the reasons provided were similarly nonspecific, evasive, or just outright lies. For example, "my case load is too large" was a common one, which was said so often by so many, it appeared to be read from a well-circulated script. It is remarkable how pervasive lying is in this region of the country . . . hence the moniker "Carolina Liars".
All told over 100 North Carolina law firms were contacted, and the conversations were so odd, they appeared to be out of a modern day episode of "The Twilight Zone".
In carrying out their dastardly fraudulent foreclosures, Paragon Commercial Bank and Wachovia Bank instigated and relied upon this manifestation through their attorneys (Poyner & Spruill, and Nelson Mullins, respectively). These foreclosures resulted in a grand larceny theft of $46.5 million and were carried out at the behest of Morgan Stanley, pursuant to the directives of Kirkland & Ellis.