When commercial or economic interests are compromised or wholly violated, the term “business tort” may be applied to the wrongdoing. Also known as economic torts, these refer to situations in which commercial relationships have undergone interference that resulted in some form of loss.
The most common examples of business torts include:
Damage resulting from these types of scenarios can be varied and far reaching. For one thing, there is the obvious risk of financial losses that can inspire further economic complications for a business. But that’s not all that’s at stake – reputation is crucial for a business’s success, and when relationships are harmed by tort related claims, the potential profits lost due to the circumstances can be extremely harmful both for the company itself as well as the capacity of those involved to engage in commercial associations even in unrelated environments.
When the threat of tortious interference surfaces, it’s important that steps are taken to resolve the situation as comfortably as possible. This is where legal representation comes in. A good business lawyer will be able to file lawsuits that are geared toward protecting the economic interests of a company that could be harmed by torts. Furthermore, if claims are unjustly brought against a business, attorneys are also trained to defend the accused parties.
At Turner Law Offices, P.C., we know exactly how important it is to protect the assets and reputation of your company. When tortious interference comes into play, you need to have security – and our team of attorneys has the experience best suited to provide the best possible resolution in situations involving these types of complications. Legalities can be extremely complicated so it plays to be safe. Call today, or go online to set up your Free Initial Consultation, and get on track toward preserving the interests of your business.