Businesses of all kinds must be vigilant to protect from prying eyes those communications that could reveal business secrets or prove damaging in later litigation. Family businesses are particularly vulnerable. Why? The formality typically built into corporate environments can be missing in family-owned/operated businesses. For example, family members commonly discuss business issues in informal settings, under unguarded circumstances and in conjunction with non-business matters. The danger?
ARTICLE ACCESS REQUIRED
Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).
If you are interested in unlimited article access for one year, please select Annual Subscription below.