What kind of damages can I recover in a business litigation lawsuit?
In Oregon, if you file a business litigation lawsuit, you may be able to recover damages to compensate you for any losses you have suffered because of a breach of contract or other legal claim. Damages in a business litigation case can come in several forms. The most common type of damages is compensatory damages, which serve to make you whole by attempting to return you to the same financial position you would have been in if the breach or other legal claim had not occurred. Another type of damages is punitive damages, which are meant to punish bad behavior or deter similar future behavior. You may also be able to recover economic damages, which are intended to cover any economic losses you incurred as a result of the incident. Such losses may include loss of profits, lost wages, or even damage to your business’s reputation. You may also be able to recover non-economic damages, such as pain and suffering, emotional distress, and even attorney fees. It is important to note that each case is unique and the damages available may vary depending on the circumstances. It is best to consult with an attorney to determine what type of damages you may be able to recover in your business litigation case.
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