Protecting Business Owners from Tort-Related Issues
As a business owner, you know how hard it is to manage and maintain a successful business. Wrongful actions taken against your business can seriously harm your profits and your future success. Business torts, or wrongful actions taken against businesses, can be intentional, but they can also be caused by negligence.
If you have suffered financial or non-economic harm because of a business tort, you deserve compensation. The attorneys at Ashwell & Ashwell can help you seek damages for the losses your business has suffered. We can also help you defend yourself in court if you have been wrongfully accused. To learn more about our team and how we can assist you, contact us today by calling 540-386-1277.
What Are the Most Common Business Torts?
Business tort issues can arise for a variety of reasons. Most happen in ongoing business relationships or after a contract has been signed. They can also occur between direct competitors in the same market.
There are many business torts we can help you with, including:
Breach of Fiduciary Duty
A fiduciary duty is the legal obligation to act in a beneficiary’s best interest. If the fiduciary does not and the beneficiary loses money because of this, the fiduciary can be sued for those losses. This is most often the case in shareholder agreements, partnership agreements, estate administrations, and trusts.
Defamation
Defamation is a false statement that damages someone’s reputation. These false statements can be either spoken or written, and victims can seek compensation for monetary losses. Defamation claims can only be made if there is proof of the false statements and those statements are proven to have caused a loss in profits.
Business Fraud
Business fraud happens when one party omits facts or makes an intentionally false statement during a business transaction. If damages occur to the other party because of this, the victims can seek compensation for fraud. However, if the party unintentionally made a false statement, they can be sued for negligent misrepresentation instead.
Civil Conspiracy
When two or more parties work together to commit an illegal act with the intent to cause someone else financial harm, it is called a civil conspiracy. Victims can sue for damages and also request that the parties be charged with a misdemeanor in criminal court.
Tortious Interference
When one party interferes with another party’s business relationships, it is called tortious interference. The party must interfere unlawfully and with the intent of harming that relationship.
What Does a Business Tort Attorney Do?
Our business tort attorneys will pursue compensation for all the damages your business has suffered. We can gather evidence, including financial statements, witnesses, and other documentation, to prove that the business tort caused your business to suffer economic losses. If the other party is still engaged in harm, we can pursue an emergency injunction to stop their actions and avoid further damages.
If you have been accused of a business tort, our team can represent you as well. Business litigation can cost you and your company thousands of dollars. We will protect your interests while gathering evidence in your defense to get you the outcome you deserve in your case.
Should You Contact a Business Tort Lawyer?
Your business is your livelihood, and it needs to be protected. If you have suffered financial losses because of a business tort, you need an experienced attorney on your side. Our team can help you build a case and gather evidence of your losses to recover the compensation you deserve.
Our lawyers at Ashwell & Ashwell are dedicated to protecting business owners and individuals from harm. We will protect your rights and keep fighting for you until you get the best possible outcome in your case. To learn more about our services and receive a consultation, contact our law offices today by calling 540-386-1277.
