Tampa Business Tort Attorney
In Florida, a business tort refers to the illegal and intentional act of a person or other entity that results in financial harm to your business. Whether it is a business partner, vendor, competitor, fiduciary, or other tortfeasor, these acts can cause substantial harm to you or your company. Fortunately, state law provides you with different options for recourse. Below, our Tampa business tort attorney explains the most common types of these torts, and the different methods of resolution available.
Common Business Disputes that Result in Torts
Unfortunately, there are many different types of business disputes that can result in a business tort. The most common of these are as follows:
- Contractual disputes, such as breach of contract,
- Breach of trust by a company’s officers, directors, and fiduciaries,
- Embezzlement, fraud, and other similar illegal business practices,
- Contractual interference by a third party,
- Violations of restrictive covenants such as non-compete contracts, non-disclosure agreements, and confidentiality agreements,
- RICO violations, otherwise known as the Racketeer Influenced Corrupt Organizations Act,
- Claims under the Federal False Claims Act, such as whistleblower cases,
- Unfair trade practices,
- Intellectual property infringement such as trade secrets, copyrights, trademarks, and other confidential information,
The above list is not exhaustive and all of these issues are complex to navigate. Our Tampa business torts attorney can help you navigate the process and prove your case so the damage to your business is minimized.
How to Resolve Business Torts
When resolving a business tort, you want to do so quickly, efficiently, and with as little interruption to your company’s operations as possible. Every business tort case is unique and it is important to develop a legal strategy based on your company’s objectives and needs. Alternative dispute resolution methods such as mediation and arbitration may resolve the issue.
During mediation, you and the other side will meet with an objective third party mediator. The mediator does not give legal advice, nor do they make any final decisions. The purpose of the mediator is to foster compromise and communication between you and the other side so you can reach an agreement and resolve the issue.
Arbitration differs slightly from mediation. If you choose this route, you and the other side will meet with an arbitrator. Unlike mediators, arbitrators can make decisions on a case and they are final and legally binding. Arbitration is sometimes mandatory when resolving a business dispute, but there are benefits and drawbacks to the process.
If mediation and arbitration are unsuccessful, or are not options, you may have to enter litigation, or go to trial in a courtroom. This is the most expensive and time-consuming method of resolving a business tort, but it is sometimes necessary to protect the rights of you and your company.
Our Business Tort Attorney in Tampa Can Help You Resolve Your Dispute
If you think your business has suffered harm due to misconduct, it is essential that you address the situation as quickly as possible. At BBDG Law, our Tampa business tort attorney can help you determine which resolution method is right for you and guide you through the process so you obtain the best possible outcome. Call us today at (813) 221-3759 or contact us online to schedule a consultation with our experienced attorney.