Business torts, or economic torts, are rarely simple or straightforward. Laws, industry regulations, and how each side interprets them can muddy what may otherwise look like a clear situation. That’s why businesses should hire legal representation with knowledge in the industries and markets in question as well as the specific tort that has been committed. The attorneys at Mann Law can help.
Business Law: Business Torts
What Business Torts Are
Business torts occur when an individual or business has financially harmed another business either through deliberate, accidental, or unintentional actions or inactions. In many instances, torts happen when a competitor violates laws or industry regulations to increase their profits or market share and gain an advantage over your business. In some cases, business torts may only cause minor damage or prevent your business from growing. In other cases, however, the harm can be severe. It could take years to recover from the loss. In either case, tort relief and proper legal representation and guidance are a must.
If you have a business tort case or think you might have one, contact the legal professionals at Mann Law. Our civil law attorneys will be happy to talk with you.
Common Business Torts
While business torts can vary significantly between industries, there are some common wrongful acts Mann Law civil law professionals can help address. Some of these are internal torts committed by a business partner, employee, or investor for example. External forces such as a competitor or supplier may also cause damage to your business.
A breach of trust, for example, occurs when a business partner, advisor, or other individual has failed to fulfill their agreed upon requirements, owes a fiduciary duty, committed fraud, or has otherwise harmed the business. Externally, torts such as breach of contract, interference, deceptive trade practices, and intellectual property disputes or violations are common. And these lists are just the start. If an individual, supplier, competitor, or other entity has harmed your business in some way, talk to a civil attorney from Mann Law today to discuss the situation and your options.
How Mann Law Can Help
Litigation can be a long, expensive, and complicated process, but it isn’t always the only option. Mann Law legal professionals can also assist with procedures such as mediation or arbitration to help you bring the problem to a satisfactory conclusion. In these situations, you need legal representation by a lawyer who understands you, is willing to listen, and will take the time to understand your unique situation. You need personalized legal service like that provided by Mann Law.