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What is tortious interference in the business world?

Contracts and business deals are made every day by the corporate entities that operate within the borders of New Jersey. When the parties to business agreements operate ethically and in accordance with the terms of their dealings, businesses are able to advance according to their specific plans.

However, from time to time, a business may have an unfortunate dealing with an unscrupulous party who has not regard for the integrity of the business dealings of others. The dishonest party may seek to disrupt the operations of another business in damaging ways. When a party attempts to prevent a business from growing, advancing, or otherwise expanding, it may be engaged in the tortious interference of the other's business practices.

Tortious interference often occurs with regard to business competition. When two or more companies offer similar products or services in the same geographic location, they may look for ways to outdo each other to improve their own operations. A competing business may try to interfere with another's contracts or sales prospects in order to prevent it from growing. When a business engages in tortious interference, it may open itself up to business litigation.

There are a number of elements that must exist for a company's claim of tortious interference to be successful. Generally, a claim of tortious interference must demonstrate that a defendant party interfered with the complaining party's contract or growth opportunity and that the interference caused the complaining party to suffer losses. There are other elements required of this claim and parties interested in learning more about them may contact business law professionals.

A business contract dispute may involve tortious interference if another party deliberately obstructs the execution of an agreement. Tortious interference can be a major problem for businesses that wish to see their entities succeed. Business law professionals can provide their clients with specific information on this claim and others related to different types of business litigation.

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