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Drafting & review · Ambiguity hunting

You're reviewing an M&A NDA and notice the definition of 'Confidential Information' has six carve-outs, three of which overlap. Walk me through how you'd clean it up.

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First I'd map each carve-out to its function, because the standard set is well known: public domain, prior possession, independent development, rightful receipt from a third party,…

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Concepts behind this questionTightening vague standards: from 'reasonable' to measurable
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