Fort Worth Business Tort Attorneys
Skillful Handling of Commercial Malfeasance — Tarrant County Business Tort Lawyers
Businesses must successfully navigate many challenges and obstacles to increase profits and expand market share. Many of these hurdles are a natural product of the commercial environment, but the illegal conduct of another business constitutes an obstruction of another kind. While companies can pursue damages to receive the benefit of their bargain for a breach of contract, business torts typically merit a broader range of damages, such as punitive damages. When a company is harmed by the malfeasance of another business, the result can be significant short-term and long-term harm. Fort Worth business tort litigation attorneys at FH Law Group provide effective and efficient representation to clients whose business interests have been harmed by wrongful conduct, such as:
- Disparagement by a Competitor: This form of business tort occurs when a party like a competitor makes disparaging statements about products of a company causing a loss in revenue. The form of derogatory comment could be a fake negative product review, trade libel, slander of title, or a similar form of false negative statement.
- Wrongful Interference: Tortious interference can involve interfering with a contractual relationship or another prospective business opportunity.
- Unfair Competition: This form of improper conduct refers to another party marketing a product that is confusingly similar to that of the plaintiff. This type of business tort also might involve misleading or false advertising.
- Fraud: This legal claim arises from the offending party making a statement of fact that the individual knows is false to induce another party to rely on the statement typically for financial benefit or gain.
- Breach of Fiduciary Duty: Members of a limited liability company (LLC) or partners in a partnership owe each other a fiduciary duty. When a member or partner engages in wrongful conduct that violates this duty and causes harm to the entity or another partner/member, the wrongful actor might be liable for damages.
- Fraudulent Misrepresentation: An example of this type of business tort might involve a party to a negotiation saying things that are not true to entice the other party to enter into a contractual relationship. When the dishonest party fails to perform, the party that relied on the false information might have a tort claim.
Complex Challenges in Pursuing Business Tort Claims in Texas
When our business clients face damage to their company caused by the tortious conduct of a competitor, pursuing a business tort claim can present special challenges. Damages sought in a civil lawsuit must be “calculable with reasonable certainty.” While this might not seem like a daunting task, proving the number of lost clients and forfeited revenue because of product disparagement or a competitor’s use of misleading advertising can be a difficult and complicated process.
Quantifying these types of losses in terms of a reasonably certain monetary value requires extensive research and analysis. When a business tort cost a company customers, the plaintiff must do more than simply establish the volume of clients lost. The actual monetary profit that would have been generated by those lost customers must be established and discounted by the saving associated with not needing to devote time and resources to those prospective clients.
If your business has been damaged by the wrongful conduct of another individual or entity, FH Law Group brings extensive experience. At FH Law Group., we tenaciously pursue the maximum recovery for injury victims in Fort Worth and the surrounding areas of Tarrant County. Contact us today for a FREE consultation at (817) 697-4400 or visit our website.