Legal Question in Business Law in
Negligent misrepresentation
our small business became unviable because the company we were serving failed to keep a verbal promise not to compete in the same area. they in fact offered the same service for free. before investing we met to specifically get assurance this would not happen. do we have a case for negligent misrepresentation or is this unfair competition.
1 Answer from Attorneys
Re: Negligent misrepresentation
Negligent? I would think more in terms of (1) fraud, (2) breach of contract, (3) unfair and deceptive business practices, (4) tortious interference with your company's contractual relations with its customers...
Problem with your case: your business is gone, so you need an attorney to take the case on contingency. To convince a decent trial lawyer to do so, you will need to demonstrate (A) likelihood of success, and (B) readily ascertainable and provable damages. Thus, I recommend doing some homework before trying to engage counsel.
Good luck. It sounds as though you had your share of the bad kind.
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