By Paul Clevenger | Published January 2, 2020 | Posted in Business Litigation | Tagged Tags: benefit of the bargain, business fraud, direct damages, out-of-pocket cost, punitive damages, reliance damages, special damages | Comments Off on What Damages Are Available in Business Fraud Cases?
What Damages Are Available in Business Fraud Cases?
Fraud is an ever-present risk of doing business, and it can be devastating to your bottom line. Business fraud may include such acts as embezzlement, skimming by employees, nondelivery of merchandise, nonpayment of moneys due, misrepresentation and nondisclosure of material facts in a transaction. In order to obtain legal relief when you are the victim Read More
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Common Misrepresentations in Business and Real Estate Transactions
In business and real estate transactions, making false statements or failing to disclose material facts can cause severe financial harm to another party. Once the misrepresentation is discovered, it may be the basis for cancelling the deal or recovering money damages or both. However, not all false statements are made knowingly or with intent to Read More
Read MoreWHAT SHOULD I DO OR NOT DO IF MY BUSINESS IS SUED
TEN DO’S AND DON’TS IF YOUR BUSINESS IS SUED So the worst has happened – you became involved in a dispute with a customer, supplier, shipper, or someone else you do business with, and they have now sued your business. What now? This short article will give you some “do’s” and “don’ts” if you become Read More
Read MoreWHAT IS DISCOVERY
WHAT IS DISCOVERY? In most business litigation lawsuits, the most important part of the case is the discovery period. Basically, discovery is the process by which each side learns, or “discovers” information about the other side’s case. During the discovery period, the Plaintiff (the party bringing the suit) will try to obtain documents and testimony Read More
Read MoreWHAT ARE THE 6 STAGES OF A BUSINESS LAWSUIT
THE SIX STAGES OF A BUSINESS LAWSUIT Many business owners wonder what happens when they become involved in business litigation. Basically, any business lawsuit can be broken down into six (6) distinct stages. The Law Office of Paul R. Clevenger is a full-service business litigation law firm, and we stand ready to assist you with Read More
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