N.C. Court of Appeals rules against Speedway Motorsports in jet fuel dispute

A unanimous three-judge panel of the N.C. Court of Appeals has reversed a lower-court ruling and has ruled against Speedway Motorsports’ effort to have North Carolina courts decide a complicated 2007 dispute with a foreign bank involving jet fuel contracts. But a separate unanimous opinion affirms the trial-court decision that the dispute should not be bound for a Swiss court.

In a separate case, a unanimous three-judge panel upheld a trial court ruling favoring Cabarrus County in a property tax valuation dispute.

You’ll find new N.C. Court of Appeals opinions by clicking “2011” here.