What is a tortious interference with contractual relations?
Tortious interference with contractual relations is a type of unfair competition law in Texas. It occurs when a person or business intentionally interferes with another person or business’s contractual relations by way of deceptive or wrongful acts. This type of interference can happen in a variety of ways, such as inducing a third party to breach an existing contract, preventing a new contract from being formed, or actively interfering in the performance of a contract. Under Texas law, a court can take action against someone who has committed tortious interference with contractual relations. This could involve awarding damages to the injured party. This type of damages can cover costs related to the contract, such as lost profits or expenses incurred to complete the contract. The court may also be able to award the injured party with punitive damages, which are designed to punish the wrongdoer and deter future occurrences. Tortious interference with contractual relations is a serious issue in Texas, as it can seriously harm a business’s ability to enter into and perform contracts. For this reason, it is important for individuals and businesses to be aware of this type of interference and take steps to protect their contractual relationships. This can include consulting with a lawyer in order to better understand the legal implications of tortious interference with contractual relations.
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