Breach Of Contract Claims And Business Torts

When someone or a company is accused of willfully doing harm to another’s business interests, reputation or relationships, the applicable, broad legal term may be “business tort.” The businesspeople involved are more likely to think and speak in terms of fraud or misrepresentation; libel, slander or defamation; trademark or copyright infringement; or unfair competition, for example.

Accused Of Financial Wrongdoing Or Injured Financially By Someone Else?

At Cox Padmore Skolnik & Shakarchy LLP, you will find attorneys with many decades of experience investigating, analyzing, and pursuing or defending complex business injury claims. Our diverse yet complementary strengths in areas ranging from white collar criminal defense to the representation of employers in contract disputes give us the insight and perspective to protect our clients’ interests on either side of matters involving allegations of:

• Securities fraud, bank fraud, health care fraud, real estate fraud and other forms of corporate fraud, and misrepresentation for financial gain
• Interference with contractual relations or “tortious interference” – often involving willfully disrupting a formal business relationship by unlawful means
• Unauthorized use of, or infringement upon, trademarks, copyrights and other valuable intellectual property – in print, online over the internet or through other media
• Business defamation and unfair competition, such as those involving deceptive and misleading advertising, or sales techniques
• Violations of the terms of noncompete agreements and other employment contracts
• Internet defamation claims

What Is A Business Tort?

A business tort is a wrongful act committed against a business that causes harm or financial loss. These acts can be intentional or result from negligence and typically involve issues such as:

• Fraud
• Defamation
• Interference with business relationships
• Unfair competition

Business torts can disrupt operations, damage reputations and lead to significant economic losses. Our experienced business tort attorneys can help you navigate these challenges and seek appropriate remedies.

Exploring The Possible Damages For Business Torts

Damages in business tort cases aim to compensate the injured party for losses incurred due to the wrongful act. These damages can include:

• Compensatory damages: Covering actual financial losses such as lost profits and repair costs.
• Punitive damages: Intended to punish the wrongdoer and deter future misconduct.
• Consequential damages: Addressing indirect losses resulting from the tort.
• Nominal damages: Symbolic damages awarded when a legal wrong has occurred but no substantial loss is proven.

Understanding the types of damages available can help you evaluate the potential outcomes of your case and make informed decisions about pursuing legal action.

Types Of Remedies Available For Business Tort Plaintiffs

Plaintiffs in business tort cases have several remedies available to address the harm they have suffered. These remedies can include:

• Monetary compensation: To cover financial losses and punitive damages.
• Injunctions: Court orders preventing the defendant from continuing harmful actions.
• Specific performance: Requiring the defendant to fulfill a contractual obligation.
• Declaratory relief: A court determination of the parties’ rights and obligations.

We are committed to securing the most favorable outcomes available for our clients. Our knowledgeable attorneys will guide you through the legal process, helping you understand your options and achieve the best possible resolution for your business tort case.

Consult Our Manhattan Business Tort Lawyers

In addition to representing clients involved in claims between competing companies, our New York City business fraud lawyers have also successfully resolved numerous complex internal disputes between business partners and shareholders in corporations.

In all we do, we seek the path to resolution – negotiations or litigation – best suited to our clients’ interests and priorities. Our track record of case successes in the area of business torts is substantial. Please call us toll-free at 800-209-7206. We will welcome your request for an exploratory consultation on your potential case.