Maitland Business Tort Attorney
Having a fair and open market is vital to the growth and success of new and old businesses alike. However, there are numerous federal and state laws that prohibit unfair and deceptive trade practices; there is a difference between a fair marketplace and a completely free market in which businesses and individuals can do anything they please. If another business breached a contract, defamed your business and caused real financial harm, or stole trade secrets, you have the opportunity to seek compensation through the civil courts by filing a tort against that party. The Maitland business tort attorneys at The Hornsby Law Group can help you hold the at fault party accountable for their wrongdoing by seeking general and special damages.
Six of the Most Common Business Torts
We handle all types of business torts, from breach of contract to partnership wrongdoing. Below are some of the most common:
- Breach of Fiduciary Duty—Partners and other officers within your company have a fiduciary duty to act in the best interest of the company. This fiduciary duty may also apply to individuals outside of your company. A tort can seek damages from these individuals, personally, if their negligent or dishonest actions caused harm.
- Tortious Interference—Businesses can only go so far when it comes to competing with other companies. It is unlawful to take certain measures that seek to restrict another company from doing business. An example of tortious interference would be a vendor offering unreasonably low prices with the intent of causing a buyer to breach their contract with a competing vendor.
- Defamation—A business’s success lies largely with its reputation. If another business or individual made false statements that caused harm to your company, you have the option of bringing a lawsuit for damages.
- Theft of Trade Secrets—Certain information—such as customer lists—is paramount to your business’s success. This type of information gives you an advantage over competitors. If a competitor unlawfully procures a trade secret, it is up to you to take legal action to protect your assets.
- Fraudulent Misrepresentation—Fraud committed during a business transaction can result in a lawsuit seeking damages caused by fraudulent misrepresentation. An example of fraudulent misrepresentation include creating fake financial documents to seek a line of credit.
- Civil Conspiracy—It is unlawful to scheme with another party to cause financial harm. Civil conspiracy must involve fraud, theft of trade secrets, or another type of crime to be considered “civil conspiracy” which is a misdemeanor.
Call a Maitland Business Tort Attorney Today
If you have been harmed by another party’s wrongdoing or you have been unfairly accused of wronging, you need to contact an attorney. One of the worst things you can do at this stage is to assume everything will work itself out on its own. Countless businesses have had to shut their doors because of business disputes that were never resolved, leading to financial loss or ruined reputation. The Maitland business torts attorneys at The Hornsby Law Group can help you recover from this current setback. Contact us today to schedule a no cost consultation.