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ARTICLE · 30 JUNE 2022

Avoid These 3 Common NDA Drafting Mistakes

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It is difficult to think of a transaction that doesn't begin with a confidentiality or non-disclosure agreement (NDA).

BermudaCorporate/Commercial Law

It is difficult to think of a transaction that doesn't begin with a confidentiality or non-disclosure agreement (NDA). Although various common law jurisdictions provide different degrees of protection and remedies when transactional parties decide to share commercially sensitive information, NDAs are pervasive and essential across most jurisdictions.

As ubiquitous as NDAs are, so too are common drafting errors that transcend jurisdictional differences. In this article, I discuss three common NDA drafting mistakes that are as frequent as they are easy to rectify.

LICENSE RIGHTS AND RESTRICTIONS

Across most common law jurisdictions, decades of highly developed law support the narrow interpretation of licensing rights, remedies and the judicial intolerance for the abuse and misuse of those rights. In the context of an NDA, at least one party provides another party with their confidential information to use for a very limited and particular purpose that is

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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