In today’s economy competition is king. Businesses compete with one another to produce the best products and services, which usually results in lower prices for the consumer. Unfortunately, there are times where fierce competition pushes businesses to illegally interfere with their competitor's would-be business deals. If you are a business owner and this sounds familiar, you’ve likely experienced a form of unfair competition known as tortious interference. Tortious interference can be detrimental to your business, so it’s important to consult with a business lawyer to get a full understanding of your options as you look to re-establish your footing in the marketplace. 

A Guide to Tortious Interference

What Needs to be Proved in a Tortious Interference Claim?

In Ohio, there are several elements that need to be proven by a business lawyer in a claim of tortious interference. First, a business relationship or contract existed, and your business was a party to that business relationship or contract. Then, another business, the defendant, was not a party to the business relationship or contract but knew of it. The defendant intentionally or improperly acted to prevent the formation of a contract, encouraged the breach of an existing contract, or terminated the existing business relationship. Finally, the defendant’s actions were not justified, and your business suffered as a result of the defendant’s actions.

What Can You Do If Your Business Has Suffered From Tortious Interference?

If your business has suffered due to tortious interference, you need to hire an experienced business lawyer and seek legal action immediately. The actions needed to successfully prove that tortious interference occurred are significant and require the oversight of a skilled practitioner. Your business lawyer will clearly explain what it will take for your case to be successful and devise a strategy for the best chance possible to win. 

What Can You Expect If Your Tortious Interference Claim Is Successful?

If your claim of tortious interference is successful, the damages available to be awarded include actual pecuniary losses, consequential losses proximately caused by the interference, and emotional distress or harm to reputation as a result from the interference. 

In today’s business environment, businesses must be aware of the protections afforded to them. If your business has been wrongfully interfered with by another company, contact the experts at Morrow Gordon & Byrd. You will find business lawyers who combine for over 80 years of experience in areas including business law, estate planning, family law, personal injury, tax law, and more. Catering to clients in New Albany and Westerville, OH, the lawyers at Morrow Gordon & Byrd aim to make you feel like family. To learn more, visit their website or call (740) 281-5772 today.