Can You Seek Damages if You Lose Business Based on an Opponent’s Conduct During Litigation?
Ordinarily, if someone acts in bad faith, or with malice, and interferes with a contract causing lost profits, a party can potentially bring a claim in court for tortious interference with contractual relations. However, the claim is likely unavailable if the basis for the claim arises from a pending litigation case. For example, assume you […]
Does A Limited Liability Company Protect Its Members From Personal Tort Liability?
Not always. An individual member of an LLC or an officer of a corporation may be individually liable for their own torts. This rule is well settled and the Connecticut Supreme Court reaffirmed it in Strum v. Harb Development, which will be officially released on August 31, 2010. Business owners often chose to a form a […]