What are the common causes of action used in a business litigation lawsuit?

Business litigation lawsuits often involve a dispute between two or more companies or individuals over a contract, the use of a trademark, or economic damages. Common causes of action used in business litigation lawsuits in New Hampshire include breach of contract, negligent misrepresentation, fraud or deceit, and breach of fiduciary duty. A breach of contract occurs when one party fails to fulfill its contractual obligations as outlined in the agreement. Negligent misrepresentation occurs when one party to the contract makes a false statement knowing that the statement is going to be relied on by the other party. Fraud or deceit is a type of misrepresentation that involves intentional deception by a party in order to gain an unfair advantage. Breach of fiduciary duty occurs when a person in a special relationship of trust, such as a lawyer or financial advisor, violates their duties to their client. In addition to the above causes of action, other claims that may be used in a business litigation lawsuit include tortious interference with contractual relationships, misappropriation of trade secrets, and unfair trade practices. Each of the above claims requires the plaintiff to demonstrate that the defendant owed them a duty and breached it, causing the plaintiff to suffer a financial or other type of loss. Therefore, when a business litigation lawsuit is filed, it is important to understand the various causes of action and how they may apply to the dispute.

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What are the common causes of action used in a business litigation lawsuit?

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