A confidentiality agreement is a legal agreement between parties who establish a confidential relationship between a person or company required to disclose sensitive information and the person or persons to whom that information is disclosed. In the context of a divorce, a confidentiality agreement generally prohibits the non-supplier spouse (i.e. the spouse who requested and received the confidential information) from being disclosed to third parties the confidential information he or she receives under the agreement, usually with the exception of his or her relevant lawyer or expert whom he or she has retained. Depending on the nature of the transaction and/or the information at issue, the public party may also ask a court to seal the court minutes in order to prevent all information provided as evidence in a court proceeding from being made public. While divorce can be a difficult and stressful process under normal circumstances, it can be particularly stressful and complicated for business owners, or for anyone who owns a stake in a business. Many entrepreneurs (or business interest holders) want certain registrations and information relating to their business to remain confidential or are taxed by other provisions of the Business Directive. However, in Connecticut, a commercial interest is an asset that is subject to a fair distribution between the outgoing parties and, therefore, where a commercial interest in a divorce is at stake, a professional assessment of that interest by a business valuation expert is often required. What happens if your spouse asks you to provide confidential or sensitive business documents? If your divorce is very keen to keep your affairs private, Bucks County divorce lawyers can help you at Williams Family Law. Call us at 215-340-2207. Intrusive media coverage and (in the case of celebrity couples) tenacious paparazzi can be repelled by issuing a warning about the Independent Press Standards Organization (which governs much of the print media). However, such communication must be accompanied by a willingness to act if ignored and the realization that reputational risk is no longer limited to what the newspapers have said.
Other measures may include correspondence with individual publications, online platforms and/or image agencies (the purpose of this ability to prevent reporting to one of their sources) or even a willingness to take legal action against persistent or serious offenders.