Confidentiality and Non-Disclosure Agreements
Confidentiality is important in business: you may want to protect an idea, a new venture, a new product, a new invention or simply stop someone who knows about your business from telling what they know to other people – or rival businesses.
Confidentiality Agreements are a robust and effective way of initiating discussions with individuals and businesses about your new ventures or products. Not only do they help to protect your ideas, but the very presence of a Confidentiality Agreement tells the other party that you mean business and that you have something worth protecting and are serious about protecting it.
Whilst partly dependent on the complexity of the arrangements, Confidentiality Agreements are not generally expensive to put in place, and instructing solicitors with knowledge and experience in this field is recommended.
For more information about Confidentiality Agreements and to find out more about how we can help you and your business, please contact our Corporate and Commercial team.
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During these uncertain times, it is good to know you can count on us.
Even after the recent Government announcement of another national lockdown we remain open for business and are here to help you.
On Thursday 5 November 2020, the Chancellor announced that the furlough scheme is to be extended until the end of March 2021. During this period you will be able to claim up to 80% of an Employees salary up to a cap of £2500.
The Chancellor announced over the weekend that the Coronavirus Job Retention Scheme (CJRS) that was due to end on 31st October will be extended until 2nd December. The level of support available under the extended scheme will mirror that of what was available under the CJRS in August, with the Government paying 80% of wages up to a cap of £2,500.
The Chancellor announced on Thursday 22 October that the Government contribution to employers’ wage costs under the Job Support Scheme (JSS) will be increased. Employers will be expected to pay 5% of the cost of unworked hours instead of the 33% originally announced.
Back in the summer the Chancellor announced that employers could receive a one-off payment of £1,000 for every employee who had previously been furloughed under the Coronavirus Job Retention Scheme provided they remained continuously employed to the end of January 2021. Businesses will be able to claim the Job Retention Bonus from 15 February 2021 and the Government has stated that further guidance will be provided by the end of January 2021.
What is a family investment company (FIC)?
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No sooner have we published a blog about British Airways’ largest GDPR fine on record, we find another story in the news.
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The General Data Protection Regulation (GDPR) is nearly one year old, having come into effect on May 25th 2018. Many businesses in the UK and abroad have made amendments to elements of their practices to ensure GDPR compliance. As with any substantial change, there has been a steep learning curve and inevitable growing pains. With the one year mark fast approaching it seems an appropriate time to look at the impact and success, if any, of GDPR.