This blog focuses on the many times your business will need an NDA—and why printing one from the internet might not accomplish what you need. A Non-Disclosure Agreement (NDA) is a binding document that restricts one party or multiple parties from disclosing certain information that is to be shared. Key points: An NDA can be in favor of only one party or cover all of them. Don’t assume the NDA that is presented to you covers your information unless it specifically says it does. The NDA should state its purpose. If there is a question later about how to interpret the document, knowing why the parties entered into it in the first place will help. The document will include a definition of “Confidential Information” which may need to be revised to reflect your specific data. The NDA will state how the Confidential Information can be used and by whom. Pay attention to this section, and make sure that the other party is responsible if its representatives wrongfully disclose or use your information. A common provision in more current NDA forms will provide for the destruction of the information under certain circumstances. Your attorney will ensure this is correctly drafted to protect your information and address the fact that electronic records may live forever. A well-crafted…
Read MoreAttorneys Scott Lepak and Bill Huefner spent the morning of Saturday, August 24th bass fishing on the Mississippi River near Royalton Minnesota with their trusty guide Tommy Steffen from Steffen’s Rum River Guide Service. The fishing was great with 43 smallmouth bass landed in 4 hours. Highlights of the trip included Bill and Scott landing a bass at the exact same time (noted in the picture). Bill was the largest fish winner this year. Scott was lucky enough to catch smallmouth #10, 20 and 30. Even with all the rain and high-water levels throughout the first part of summer, the river is now down enough to find the fish.
Read MoreTo better serve our clients, BGS is remodeling! Starting September 3, our reception area will be temporarily located on the first floor, Suite 120. Clients/Visitors to BGS will check in with our receptionist in Suite 120. The fourth floor of the building will be closed to the public during the construction period. Please do not take the elevator to the fourth floor, but instead, proceed to Suite 120 to meet with reception. Thank you for your patience and cooperation while we work to improve our space. We ask that clients/visitors have an appointment before visiting our office so that we can best serve everyone during this time. To make an appointment or if you have questions or concerns, please contact us at 763-780-8500.
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