Tortious Interference With Contracts

Contracts are an inherent part of every strong business relationship. They establish the terms and conditions of a deal — and outline the rights and obligations of each party. Unfortunately, wrongful actors may sometimes interfere with the contractual relationship of another with the intent to eliminate the competition or undercut their profit margin. In such cases, it may be necessary to bring a claim for tortious interference with a contract to recover the damages your company suffered.

At Litico Law Group, we know how hard you worked to build your company and are dedicated to helping you shield it from harm. If someone has induced a breach between you and a party with whom you had a contractual relationship, you may be able to hold them legally accountable. Similarly, in the event a party has accused you of wrongfully interfering with their company’s contracts, it’s vital to have skillful representation to defend your interests. Providing insightful counsel, aggressive advocacy, and tailored legal services, our business lawyers know what it takes to protect your company’s reputation and bottom line.

What is Tortious Interference With a Contract?

Tortious interference with a contract occurs when someone intentionally damages your contractual relationship with another, causing your company to incur economic harm. The impact of such situations can lead not only to short-term loss of profits, but it can result in long-term reputational damage. Under Illinois law, a claim for tortious interference with a contract can be brought if the aggrieved party can establish the following elements:

• A valid and enforceable contract existed with a third party
• The defendant knew there was a contractual relationship
• The defendant intentionally induced the third party to breach the contract
• The wrongful conduct of the defendant caused the breach of contract
• Damages were incurred due to the breach of contract

Just as no two companies are alike, every tortious interference claim is unique. At Litico Law Group, we work closely with our clients to fully understand the facts of their individual cases and develop a strategy that will result in the best possible outcome. Whether a tortious interference matter can be resolved through vigorous negotiations or litigation is required, our team of experienced business lawyers are dedicated to helping you obtain an effective and efficient resolution — while ensuring your company’s interests are protected.

Strategic Representation and Capable Counsel for Tortious Interference Matters

There are many ways tortious interference with a contract can occur. For instance, a competitor may offer a company extremely low prices to induce a breach with another vendor, intervene in the sale of a business, or employ other unethical business tactics to interfere with a contractual agreement. Sometimes, blackmail, threats, and coercion can also be used. If you find yourself or your company in a situation where a business contract is not being carried out due to the improper motives of another party, it’s essential to take the necessary measures to safeguard your interests.

At Litico Law Group, we are committed to assisting our clients with successfully resolving tortious interference claims and providing them with the representation they need to recover their damages. Our attorneys will strive to recover the full extent of the monetary losses your company incurred and secure the equitable remedies that may be appropriate in your case. Damages and relief for claims of tortious interference with a contract can include the following:

• Compensatory damages, including the loss of benefit provided by the contract
• Lost profits and customers
• Expectation damages
• Damages for harm to your company’s reputation
• Restitution to prevent unjust enrichment
• Punitive damages if the defendant acted with fraud, malice, or oppression

When monetary damages would not be adequate to compensate for the harm the defendant’s tortious interference caused, our attorneys will work to obtain equitable relief. This can include compelling specific performance of the contract or obtaining an injunction to stop the defendant from engaging in certain conduct. The legal team at Litico Law Group will carefully evaluate your case to determine the scope of economic injury, the reputational harm your company suffered, and the impact it can have on your financial interests. With vast knowledge of the law and a deep understanding when it comes to the needs of businesses, we focus on obtaining the outcome you need for the future of your company — and its long-term success.

Contact an Experienced Illinois Tortious Interference Attorney

If a third party has interfered with a contractual relationship your business had with another, it’s important to have the representation of an experienced business lawyer who can advise you regarding your legal rights and remedies. Located in Rolling Meadows, Litico Law Group serves the legal needs of individuals, entrepreneurs, and small business owners throughout Illinois for a wide variety of business matters, including tortious interference claims. We welcome you to schedule a consultation, contact us online or give us a call at (847) 307-5942 to learn how we can help.