Interference With Contract The success of a business depends in part on its ability to trust its employees, vendors, suppliers, and stakeholders. Official business contracts exist to maintain the integrity of these business relationships. Unfortunately, these documents aren’t always iron-clad, though. When contracts are compromised, it could spell trouble for the stability of the company. Luckily, there are laws in place to prevent malicious interference with contracts.
What Is Interference With Contract? Interference with contract, also referred to as tortious interference, occurs when a third-party interferes with a formal contract between two individuals or corporations. For example, a competitor may entice a company’s employee to break contract and come work for them instead. Alternatively, someone may bribe an employee to divulge private company information. In both cases, tortious interference is at work.
Legal Recourse for Tortious Interference An experienced business attorney can help you prove that the third party (called the tortfeaser) is liable for the interference. Our attorneys can assist you to recover monetary damages and/or injunctive or other relief.
Legal Defense for Tortious Interference Sometimes, businesses who suffer economic losses as a result of their own miscalculations or wrongdoing will look for someone else to blame. If you are being wrongly accused of tortious interference, a good business attorney can help clear your name and protect you from financial harm. Without adequate representation, you could be held accountable for the company’s economic losses and be forced to pay punitive damages.