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As mentioned in previous posts on this blog, there are ways to protect confidential information during negotiations with third parties, such as investors, potential business partners or even employees. A confidentiality agreement provides the signing parties in New York with the assurance that the information they share with one another will be kept confidential and will not be used for nefarious purposes or without the other’s permission.
Whether it is a mutual or a non-mutual confidentiality agreement, there are certain things that are often included in the agreement. Identifying the parties is essential, but matters could be tricky if one of the parties is a company. Will the confidential information also be showed to an affiliated company? Who all in the company would be included as a party to the agreement? These matters may not seem very important initially, but they can turn into major legal hurdles in enforcing the agreement.
The legal team at Arthur R. Lehman, LLC, is familiar with the ins and outs of protecting information, and can help parties create fair and appropriate confidentiality agreements. In addition to this, they can help create an all-encompassing definition of confidential information that covers what the parties expect it to.
Lawyers at our firm recognize that New York is the city of discovery and creation, and at its core is the ability to freely share information that can be protected. Not only can we help you begin your dealings by protecting your information, we can also pursue a case if a confidentiality agreement is breached. For more on employment litigation, visit our web page.
