Business Confidentiality Agreements Solicitors

A confidentiality agreement or nondisclosure agreement (NDA) is a legally binding contract entered into by two or more parties to keep information confidential. This is usually entered into by a potential buyer before the due diligence process starts to ensure that he keeps all information provided by the Seller confidential.

It protects sensitive information from being disclosed to anyone else. One or more participants in the agreement promise not to disclose the information received from the other party. If the information is disclosed, the injured party can claim a breach of contract and can take the other party to court to seek compensation. Also included in the agreement may be a time limit and remedies for any breach of contract.

Call Business Lawyers Direct today on 0845 371 0701 or contact us via our online enquiry form and one of our senior solicitors will be pleased to discuss your requirements.