We have a proven track record of prevailing in commercial tort cases involving some of California’s most prominent businesses. Always diligent and extremely discreet, our firm is dedicated to providing premier legal representation to entrepreneurs and corporate entities in commercial torts and litigation.
Commercial torts refer to various forms of “bad behavior” in a business environment. Generally, economic wrongdoing differs from the general malfeasance in personal injury law in several ways. First, commercial torts are intentional, not just “negligent,” and consequently involve more than a careless disregard for another’s property. Usually, in a business setting, the person or entity behaving badly has intent or a scheme to economically harm the victim.
Further, commercial torts are usually committed by third parties, not those involved in the ruined contract or prospective business relationship. Thus, they are distinguished from breach of contract claims. Finally, the commercial tort victim may be a person or business that suffers financial, rather than bodily harm. This could involve deprivation of profits, breach of fiduciary duty or some other form of economic loss.
Common examples of commercial torts include:
In all these cases, one party is unjustly enriched at the expense of another. The victims suffer financial loss through the deprivation of existing or prospective funds. The money could be in the form of a prospective business relationship or lucrative contract that was promised to another party. Perpetrators of commercial torts may intentionally interfere with the contract or steal clients from the firm. They can violate their fiduciary duty to a business by misappropriating funds. The wrongdoer does not have to take actual funds, but may steal trade secrets or infringe upon intellectual property rights, which unlawfully deprives the owner from profits or royalties.
California’s Unfair Competition Law prohibits unfair or deceptive business practices like marketing goods or services with no intent to sell them as advertised or inserting an unconscionable provision in a contract that misrepresents the qualities of the product. In the purchase and sale of securities, the Securities and Exchange Act prohibits the employment of manipulative and deceptive practices such as making untrue or misleading statements or omitting material facts that would influence a shareholder’s vote. California law also prohibits any intentional interference with prospective economic advantage by purposely disrupting an economic relationship or interfering with a contract which can cause harm to the plaintiff.
If you were injured or accused of a commercial tort, the experienced Beverly Hills commercial tort and litigation lawyers at the Law Offices of Salar Atrizadeh can help. We provide reputable counsel to a variety of local businesses in commercial tort litigation. Our firm has successfully handled all types of cases involving breach of fiduciary duty, intellectual property infringement, and fraud or misrepresentation in the purchase and sale of securities.
Whether the financial loss is caused by unfair business practices, interference with economic relationships, or misappropriation of trade secrets, we have the experience and resources necessary to ensure you receive full compensation for your harm.