That sounds nice, but I fear the effects of such a wide law.
Consider the situation in which I start a company which acquire personal information that is normally not available to anybody else, such as your medical files and tax records, etc and turn around and sell this information to others.
Today that would get me shutdown fast, but under such a law I could counter that since you would be using the law to hinder progress.
Or consider a situation where I want to build a strip mall on a piece of land where you currently have your company. Under your proposed law, I could do that since otherwise you would be using the law (specifically the law of private property) to hinder progress.
Yes, we need more lawsuits like this (I know it is a joke, but they should actually make the motions to go through with it) to show the complete absurdity of these other suits.