Confidentiality agreements or non-disclosure agreements are required in many different circumstances for example in connection with a proposed acquisition of a company or business, discussions around proposed collaborations, where new designs or patents are being disclosed and in any circumstances where confidential or sensitive information is being shared.
While the general law imposes some obligations of confidentiality in certain circumstances, it is unwise to rely on the limited protection which this may offer. Indeed even where an agreement is to be put in place, it is wise always to be cautious and consider the risks of breach of the agreement before disclosing particularly sensitive information.
Key issues which need to be considered when preparing a confidentiality agreement include identifying the information to be protected and the permitted uses of the information, the specific and appropriate nature of the protections required and the remedies for breach.
Our commercial lawyers routinely draft and negotiate confidentiality agreements covering a wide range of circumstances.
If you would like assistance or legal advice in relation to putting in place or entering into a confidentiality agreement, please contact one of our commercial lawyers on 08081668827.
Disclaimer:
Information on this website is provided for general information purposes only. It is not intended to constitute and should not be relied upon as legal advice. There are a number of factors and circumstances which may be relevant to legal advice. The law may also have changed before we are able to update the information on this website. If legal advice is required, please contact us on 08081668827.
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