nondisclosure


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nondisclosure

The failure to reveal a fact,whether or not there is an intention to conceal that fact. A person may be liable for nondisclosure if they had a duty to disclose, such as the duty to reveal latent (hidden) property defects.

References in periodicals archive ?
The second key is to educate EMS employees on their company's obligations concerning nondisclosure of information.
In any case, the annual meeting date announcement made a mockery of the Nondisclosure Agreement the Company had just signed with us, and sent a clear message that the Company is not interested in having constructive engagement with its shareholders.
The new cause of action (now referred to by practitioners as a "Johnson non-disclosure" action) requires that a victim of nondisclosure (i.
Reasonable grounds for nondisclosure (see the conclusion to Illustration 3) generally are not present for a listed transaction.
As important, in order to comply with the regulations taxpayers face a dilemma in protecting their confidential non-tax information: They must incorporate in their nondisclosure agreements (NDAs) the excessively broad waiver of confidentiality language set forth in the regulations, thereby risking potential disclosure of the very information the NDA is employed to protect, or disclose through additional tax return filings all transactions covered by NDAs regardless of how insignificant the tax consequences or structure may be.
Then, for some people, it became something more reprehensible: promiscuous, unprotected sexual behavior coupled with nondisclosure of HIV status.
Companies therefore should carefully consider all known trends, events, and uncertainties as part of the MD&A planning process and identify their reasons for disclosure or nondisclosure.
The jury found Wednesday that A&B and the employees -- Connie Dobson, Martin Willmore, Tara Kolar and Lina Urbanek -- did not use trade secrets, violate any fiduciary duty to NOV, misappropriate trade secrets, or breach contracts or nondisclosure agreements when they left the company for better paying jobs at A&B, a competing oilfield supply company, in October 2006.
To protect your idea the best bet is to use a nondisclosure agreement Also called a confidentiality agreement; an NDA is a contract in which parties promise to protect the confidentiality of secret information that is disclosed during employment or another type of business transaction.
A district judge called Sterling's recent nondisclosure conduct ``particularly egregious.
Thus, California taxpayers should be aware that the FTB may impose nondisclosure penalties if unitary group members that are not California taxpayers fail to disclose reportable or listed transactions.
Olson explained that, before releasing the tax shelter proposals in March 2002, the Treasury Department and IRS concluded that without a nondisclosure penalty taxpayers would have insufficient incentive to comply with disclosure requirements.