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Philadelphia, PA commercial litigation attorney Stanley Cheiken talks about business torts. He explains that civil law and civil litigation generally fall into two categories: contract disputes and tort disputes. In the business context, torts include matters such as conversion or theft, fraud, tortious interference with contract, and misappropriation of trade secrets. These constitute civil wrongs for which the law provides damages as a remedy. Unlike breach of contract disputes, business torts often carry the potential for significantly broader damages. With decades of experience in business litigation, he emphasizes that whether representing plaintiffs or defending against claims, it is critical to understand how business torts can be leveraged to maximize recovery, or conversely, how to utilize available defenses to limit their impact and reduce exposure.
