Merrick Brock Files Action for Business Conspiracy and Tortious Interference With Contract Against Former Business Owner
Merrick Brock filed an action pending in the Henrico County Circuit Court, Case No. CL19-6133, asserting claims for breach of contract, piercing the corporate veil, tortious interference with contract, tortious interference with business expectancy, and business conspiracy.
The lawsuit alleges that the plaintiff entered into an asset purchase agreement to acquire the assets of the defendant’s local Richmond business, including the business’ name, its existing client contracts, and its confidential client list. As part of the agreement, the defendant agreed to a non-compete provision prohibiting the defendant from soliciting clients from the client list or competing in the Richmond area. The Complaint alleges, however, that after selling the business to the plaintiff for a lucrative sum, the defendant set up a new business and sought to steal back its old clients by making disparaging statements about the plaintiff and by conspiring with others to get the clients to break their existing contractual agreements with the plaintiff.
The lawsuit seeks $250,000.00 in compensatory damages, trebled to $750,000.00 under Virginia’s business conspiracy statute, plus $350,000.00 in punitive damages, as well as attorney’s fees and costs.
Merrick Brock specializes in holding people and their companies accountable for unlawful business practices. Several state and federal laws are in place to protect innocent consumers and businesses from bad actors looking to unlawfully take advantage of the system for their own economic gain. If you or your company have been the victim of conspiracy, interference with a contract, or other business torts, contact Merrick Brock for a free, no-obligation consultation. Merrick Brock’s attorneys have been recognized by their peers in the area of Business Litigation. Let us go to work for you.
Posted In: Business Disputes, Commercial Litigation, Uncategorized