Business Torts Archives

Don't let embezzlement charges ruin your life

Although most white-collar crimes don't carry the same negative connotations as other crimes, they can still take a toll on an individual's life. Embezzlement charges, for example, have a way of following people around forever without any chance of redemption. No other action can bring your character into question like allegations of thievery. If you are facing false allegations of embezzlement, you may want to work with an experienced business law attorney. They can help defend you against charges that may forever tarnish your reputation and character.

How do conversion and theft differ?

As a business owner, you cannot afford to lose access to your valuable assets. Typically, if someone steals your property, he or she can face criminal charges. However, there are situations in which you may be deprived of the ability to use your property, but this deprivation may not be considered theft, but rather conversion.

How do I identify unfair competition practices?

Unfair competition refers to the type of business tort that interferes with a business's reputation or success. Although the term unfair competition actually encompasses many different types of business torts, identifying a case of unfair competition may be difficult without the help of an attorney. If you believe your business has been the victim of unfair competition practices, you may want to speak with an experienced business law lawyer.

How to identify tortious interference

Competition between markets is a necessary element of a healthy economy. Occasionally, this competition takes an unnecessary turn and crosses the line of proper and lawful conduct and into the realm of improper business practices. When a business interferes with the relationships of a competitor or their contracts with other companies with the intent to cause financial harm, they may wind up getting sued for tortious interference.

The reasonable restraint of trade

Restraint of trade is essentially the unlawful act of preventing someone from doing business. Although alone it is not a tort, it is a legal doctrine that relates to a wide range of torts that unlawfully restrict a business's operation. While the idea of a restraint of trade may be easily understood as an unlawful practice, it is not always illegal. In fact, some forms of restraints of trade are legitimate and can be upheld by the court.

Accusations of wrongdoing costs businesses in many ways

If you are a business owner, you have many concerns to occupy your time.  Running a company is more than a full-time job; it is an all-encompassing endeavor to which you must dedicate the majority of your life. While no one is guaranteed success, neither should anyone's efforts be unfairly stifled by false allegations of wrongdoing.

Philanthropist files suit claiming he was victim of fraud

Everyone should know that when it comes to investing, there are no sure things. But if you decide to put money into a new venture, you have every reason to expect that your investment will be used to help build the business. Unfortunately, sometimes people buy into a project only to discover later that they have been victims of fraud.

Federal acts may help you counter unfair business practices

They say all's fair in love and war, but what about business? Well, fortunately, business relies on laws to allow everyone a fair shot at succeeding in the marketplace. And while most companies and individuals understand where the lines are drawn, there are those who will do whatever they think they can get away with in order to gain the upper hand.

A business can take protective measures to protect bank accounts

Almost all businesses, regardless of type or size, conduct at least some of their accounting-related work online. This may include taking orders and accepting payments from customers via the company's website, or making bank transactions. The fact is, most businesses simply could not function without being able to move funds via the Internet.