This article posted to our partner site Mondaq.com discusses a case wherein a product designer’s confidentiality agreement with a manufacturer was deemed to be unenforceable when they sued the manufacturer for releasing an almost identical product. It serves as a reminder to prioritize clarity and specificity when forming confidentiality agreements, and stresses the need to reasonably enforce confidentiality rather than merely relying on the existence of an agreement.
– – –
This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk. Clausehound.com is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound offers a $10 per month DIY Legal Library which hosts tens of thousands of legal clauses, contracts, articles, lawyer commentaries and instructional videos. Find Clausehound.com where you see this logo.