Punitive Damages For Interference With Contract
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FAQ
The damages are measured by the difference between the contract price and the market price when the seller provides the goods, or when the buyer learns of the breach.
Tortious interference with a contract occurs when someone improperly induces a breach of contract between you and a third party. For example, let's say you have a contract to sell 100 widgets to Company A. But Company A has many lucrative contracts with Company B.
Tortious interference, also known as intentional interference with contractual relations, in the common law of torts, occurs when one person intentionally damages someone else's contractual or business relationships with a third party, causing economic harm.
Tortious interference occurs when someone intentionally interferes with someone else's business. For example, tortious interference exists if someone makes a claim that a restaurant participates in unhealthy business practices. The restaurant can then sue that person for making a false claim.