An article written by Derek Sankey and published in the September 30, 2012 on-line edition of the Financial Post (FP Cross Border: http://t.co/QI8k2cdC #) speaks to the importance of considering both the commercial and strategic uses for the information you may obtain, prior to entering into a Confidentiality Agreement with that company.
Essentially, the article comments on a recent Delaware case dealing with the right to use information obtained pursuant to a confidentiality agreement for acquisition purposes when the information was originally obtained for another purpose. The Delaware Court cited an Ontario case in coming to its decision: Certicom Corp. v Research in Motion Ltd.
I would reprint the entire article, but might run afoul of copyright law…
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2012