There are times where the preservation of confidential information is vital to the survival of a business. The obvious way to make sure a secret remains a secret is not to tell anyone. But this can be impractical, for instance when the disclosure of confidential information is necessary to enable a sale of a business.
One of the most common ways of ensuring that everyone you speak to about your business, its products or your ideas is aware of the need for confidentiality is by using a confidentiality agreement.
How can Thorntons help?
Our team understands that the reluctance to disclose confidential information can be an obstacle to the progression of a transaction. We can provide tailored advice as well as practical solutions – such as a confidentiality agreement – to ensure that confidential information remains confidential.