Confidential Information

Confidential Information

Confidential Information, Trade Secrets and Non-Circumvention

“…explained the process (consultancy and content licensing contract) clearly and went the extra mile to make sure we were satisfied.”

FGreat Studio

What are information matters?

Information matters are:

  • Privacy
  • Data Protection
  • Confidential Information
  • Reputation Management

Duty of Confidence

The duty to keep confidence is not the same thing as how data from which an individual can be identified is protected from use by others (data protection) and/or how a person or business's reputation is protected from the use of false negative information (reputation management).

Read more confidential information

Misuse of Coonfidential information

With misuse of confidential information, you can bring a case, for instance, the case of Wade v BBC. Related to the law of confidential information is non-circumvention of the business relationship to prevent a disclosing party from getting left out of a commercial opportunity.

The law of trade secrets is based on common law and protects commercial secrets. Although there is no statute that protects trade secrets the concept of a trade secret is well established in English law and there is a range of remedies that can be used to deal with the disclosure, use or/and theft of trade secrets.

Consequences

The consequences of not using a confidentiality agreement are:

  • There may be an adverse impact on your business, such as not being able to register a patent for a new product.
  • You could be cut out of the deal or future deals
  • Although confidentiality can be agreed orally or implied by conduct, with a written agreement you can prove what was agreed easier and with greater clarity. You’re much better off with a properly drafted written confidentiality agreement.
  • A confidentiality agreement is one of the best ways to protect your company’s trade secrets as it gives you the right to sue for damages f the agreement is broken.

Objectives

In conclusion, we above all are a full-service information rights and intellectual property practice focused on digital media projects. For a consultation with us use our contact form or email support@pailsolicitors.co.uk. Our sole principal Peter Adediran is a UK licensed lawyer, therefore focuses on UK and EU. Our consultant Richard Jefferson is a California licensed lawyer, therefore advises on US and Californian law.

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