Fort Lauderdale Business Torts Lawyer
You deserve to give your business your full attention so that it may operate smoothly. However, business disputes do inevitably arise. Tort-based claims can leave a business vulnerable to liability for damages that exceed a breach of contract. These claims can stem from other competing businesses or from the general public. In either case, it is important to tackle these issues head-on. The Fort Lauderdale business tort lawyers at the office of Edward J. Jennings, P.A., are ready to help you do just that by providing sound legal advice and unwavering legal representation at all stages of the legal process, including pre-lawsuit, settlement negotiations, and trial.
Many business torts will involve damages to partnerships, reputation, or the ability to function in the marketplace. This may leave you and your business in a difficult financial situation, especially in the face of a legal dispute. It is important that a business operator be informed on these matters and have proper legal assistance. Below, you will find a brief explanation of business torts.
What Is a Business Tort?
A business tort is an (often intentional) act committed against a business entity that causes some sort of financial damage. This can include unfair competition, deceptive trade practices, alleged fraud, tortious interference, and more. Business tort law is designed to protect businesses and individuals from intentional harm.
Types of Business Torts
Because the general definition of a business tort is any action that causes damage to an entity, the list of specific torts is vast. Some of the more common business torts are listed below along with a definition for each.
- Theft of trade secrets occurs when one party unlawfully obtains information from a business that would give the party an unfair business advantage. This can be information such as customer contact information or recipes.
- Trade libel is a form of defamation in which a business entity suffers a loss as a result of untrue statements. An example of this would be when Business A publishes an ad that accuses Business B of selling rotten tomatoes, but Business B only sells fresh tomatoes.
- Tortious interference occurs when one party interferes with a contract between the plaintiff and another entity and causes damages to the plaintiff.
- Fraudulent misrepresentation occurs when one party misrepresents its intentions, position, or material aspects of a business deal. Any deal, written or not, is made in good faith and should be kept. Any contract not made in good faith can give rise to a civil suit.
Can a Business Tort Be Remedied?
Calculating for losses as the result of a business tort can prove difficult, as losses are typically based on projections. The court will agree to damages if they have been calculated reasonably and in good faith.
Retain the Help of an Experienced Business Litigation Lawyer
An experienced business litigation lawyer will help you navigate any disputes that may arise as a business operator and ensure that the only thing you have to focus on at the end of the day is your business operations. Enduring a business dispute can be a trying experience and may threaten the integrity of your financial well-being. If you find yourself the victim of a business tort, retain professional help ASAP. The lawyers at the office of Edward J. Jennings, P.A. represent parties involved in business tort cases and can provide advice and representation at all stages of litigation. Call our office today to learn more.