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Glossary
Complex Commercial Litigation
Business Torts terms within complex commercial litigation.
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Aiding and abetting breach of fiduciary duty imposes liability on a third party who knowingly assisted the breach.
Breach of fiduciary duty is a claim that a person in a position of trust failed to act loyally and in the beneficiary's best interests.
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Every contract carries an implied covenant that neither party will act to deprive the other of the agreement's benefits.
Civil conspiracy imposes joint liability on parties who agreed to commit an underlying tort.
Civil RICO provides treble damages and fees for injury from a pattern of racketeering activity.
A consumer protection claim asserts unfair or deceptive business practices under a state statute, often providing fee shifting and enhanced damages.
Conversion is the wrongful exercise of dominion over another's personal property inconsistent with their rights.
Business defamation is a false statement of fact injuring a company's reputation.
The Defend Trade Secrets Act creates a federal civil cause of action for trade secret misappropriation.
Fraud is a claim based on a knowingly false statement of material fact made to induce reliance, causing damages.
Fraudulent concealment is suppression of a material fact where a duty to disclose existed.
Fraudulent inducement is a claim that misrepresentations induced a party to enter a contract it otherwise would not have.
Negligent misrepresentation is a false statement made without reasonable care on which another justifiably relied.
Negligent misrepresentation is a false statement made without reasonable care in a business transaction, causing reliance loss.
A non-compete restricts competitive activity after a relationship ends, subject to reasonableness and statutory limits.
Promissory estoppel enforces a promise that induced reasonable reliance where no enforceable contract exists.
Tortious interference with contract is a claim that a defendant intentionally and improperly caused a third party to breach a contract with the plaintiff.
Interference with prospective advantage is a claim for disrupting a probable business relationship not yet reduced to contract.
Trade libel is a false statement disparaging a business's goods or services causing economic loss.
Trade secret misappropriation is the acquisition, disclosure, or use of confidential business information obtained through improper means or breach of a duty.
Unfair competition covers deceptive or improper business practices harming a competitor or consumers.
Unjust enrichment is an equitable claim to recover a benefit conferred that the recipient would be unjust to retain.
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