Category Archives: Commercial Litigation
When a business suffers damages regarding profitability, it’s known as economic loss. Sometimes, this loss is due to the business being wronged in a way that violates the law, such as fraud or false advertising. When this is the case, and you can determine that someone has caused your business economic damages, then you may be able to recover your losses. In this video, commercial litigation attorney Curtis Miner describes which economic damages are recoverable and how to go about recovering them. Video Transcription: Economic loss is when a business has suffered damages to its profitability. Businesses are designed to make money and economic loss is when something wrong has been done and it’s caused the business to lose money. A business tort is generally a term that gets used for any sort of conduct in the business world where a business is harmed, just like a person is harmed….
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