{"id":474,"date":"2020-06-16T09:00:15","date_gmt":"2020-06-16T09:00:15","guid":{"rendered":"https:\/\/www.houstonbusinesslawyers.net\/?p=474"},"modified":"2020-05-20T20:54:51","modified_gmt":"2020-05-20T20:54:51","slug":"texas-business-torts","status":"publish","type":"post","link":"https:\/\/www.houstonbusinesslawyers.net\/texas-business-torts\/","title":{"rendered":"Texas Business Torts"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.houstonbusinesslawyers.net\/texas-business-torts\/#Business_Torts\" title=\"Business Torts\">Business Torts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.houstonbusinesslawyers.net\/texas-business-torts\/#What_Are_Business_Torts\" title=\"What Are Business Torts?\">What Are Business Torts?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.houstonbusinesslawyers.net\/texas-business-torts\/#Liability_In_Business_Tort\" title=\"Liability In Business Tort\">Liability In Business Tort<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.houstonbusinesslawyers.net\/texas-business-torts\/#Examples_Of_Business_Torts\" title=\"Examples Of Business Torts\">Examples Of Business Torts<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.houstonbusinesslawyers.net\/texas-business-torts\/#You_may_also_be_interested_in%E2%80%A6\" title=\"You may also be interested in&#8230;\">You may also be interested in&#8230;<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Business_Torts\"><\/span>Business Torts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Torts or tort law are laws that allow parties to sue for damages when they suffer an injury caused by another party\u2019s negligent or harmful actions. The injury can be psychological, physical, or financial or in any other form that can be described as a loss. Personal injury and malpractice claims are also included within tort law. For example, you can sue a drunk driver that hits your car and get compensation. Business torts are economic in nature which means they only concern businesses that have experienced financial harm.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Business_Torts\"><\/span>What Are Business Torts?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Business torts are wrongful acts committed against a business that result in or are likely to result in losses. The injuries suffered in these cases are \u201cinjuries\u201d to business interests, not \u201cinjury\u201d to a person. These \u201cinjuries\u201d often involve financial losses but they can also be about loss of business clients, opportunities, reputation, or professional relationships. Business torts are not criminal offenses but are considered civil wrongs. They focus more on whether a defendant bears any liability for damages suffered by the plaintiff.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Liability_In_Business_Tort\"><\/span>Liability In Business Tort<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-537\" src=\"https:\/\/www.houstonbusinesslawyers.net\/wp-content\/uploads\/2020\/05\/Texas-Business-Torts-1-300x199.jpg\" alt=\"Texas Business Torts\" width=\"425\" height=\"282\" srcset=\"https:\/\/www.houstonbusinesslawyers.net\/wp-content\/uploads\/2020\/05\/Texas-Business-Torts-1-300x199.jpg 300w, https:\/\/www.houstonbusinesslawyers.net\/wp-content\/uploads\/2020\/05\/Texas-Business-Torts-1-768x509.jpg 768w, https:\/\/www.houstonbusinesslawyers.net\/wp-content\/uploads\/2020\/05\/Texas-Business-Torts-1-250x166.jpg 250w, https:\/\/www.houstonbusinesslawyers.net\/wp-content\/uploads\/2020\/05\/Texas-Business-Torts-1.jpg 800w\" sizes=\"(max-width: 425px) 100vw, 425px\" \/>There are elements that plaintiff\u2019s need to establish to prove that another party\u2019s wrongful act may have caused them to suffer losses. The first element is that the defendant must have owed a \u201cduty of care\u201d (legal duty) to the plaintiff. Another element is that the defendant must have failed to meet the duty of care (breach of duty). The final element is that the breach of duty must have led to the plaintiff suffering actual damages. In business tort, the wrongful action may be a negligent, reckless, or intentional act.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">You will need a business lawyer to help you with a business tort case because these cases are complicated by the fact that you will be presupposing future loses. You may receive monetary damages from the liable party if your business tort case succeeds. The amount you receive will be determined by the evidence your lawyer presents. Your lawyer will have to provide figures for losses you experienced.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Examples_Of_Business_Torts\"><\/span>Examples Of Business Torts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The different forms business torts can take include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400; text-align: justify;\"><i><span style=\"font-weight: 400;\">Theft of trade secrets:<\/span><\/i><span style=\"font-weight: 400;\"> Claims involving a person using confidential business information without authorization. This information must be crucial to the complaining company\u2019s competitive success and can include things such as processes, financial data, business plans and so on.<\/span><\/li>\n<li style=\"font-weight: 400; text-align: justify;\"><i><span style=\"font-weight: 400;\">Breach of fiduciary duty:<\/span><\/i><span style=\"font-weight: 400;\"> Involves a party that has an obligation to work in the best interests of a business fails to do so causing the business to suffer losses. Fiduciaries can include corporate board members, company shareholders and more.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400; text-align: justify;\"><i><span style=\"font-weight: 400;\">Tortious interference:<\/span><\/i><span style=\"font-weight: 400;\"> This involves a third party interfering with another business\u2019s prospective business relationships. These relationships can be economic or contractual.<\/span><\/li>\n<li style=\"font-weight: 400; text-align: justify;\"><i><span style=\"font-weight: 400;\">Misrepresentation or fraud:<\/span><\/i><span style=\"font-weight: 400;\"> Claims concerning a defendant allegedly intentionally deceiving the plaintiff when entering into a contract or business relationship with the plaintiff. The fraudulent misrepresentation must have caused the plaintiff to suffer damages. Both compensatory and punitive damages may be awarded if the plaintiff wins the case.<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"You_may_also_be_interested_in%E2%80%A6\"><\/span>You may also be interested in&#8230;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li><a href=\"https:\/\/www.houstonbusinesslawyers.net\/equitable-remedies-in-breach-of-contract-lawsuit\/\" target=\"_blank\" rel=\"noopener noreferrer\">What Is A Breach Of Contract?<\/a><\/li>\n<li><a href=\"https:\/\/www.houstonbusinesslawyers.net\/trademark-vs-copyright\/\" target=\"_blank\" rel=\"noopener noreferrer\">Copyright vs. Trademark<\/a><\/li>\n<li><a href=\"https:\/\/www.houstonbusinesslawyers.net\/dissolve-llc\/\" target=\"_blank\" rel=\"noopener noreferrer\">Dissolving A Limited Liability Company<\/a><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Business Torts Torts or tort law are laws that allow parties to sue for damages when they suffer an injury caused by another party\u2019s negligent or harmful actions. The injury can be psychological, physical, or financial or in any other form that can be described as a loss. Personal injury and malpractice claims are also [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":536,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/posts\/474"}],"collection":[{"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/comments?post=474"}],"version-history":[{"count":3,"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/posts\/474\/revisions"}],"predecessor-version":[{"id":538,"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/posts\/474\/revisions\/538"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/media\/536"}],"wp:attachment":[{"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/media?parent=474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/categories?post=474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.houstonbusinesslawyers.net\/wp-json\/wp\/v2\/tags?post=474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}