Document background
The Confidentiality Waiver is essential in situations where parties need to be legally released from existing confidentiality obligations under Austrian law. This document is typically used during corporate transactions, regulatory investigations, legal proceedings, or when business necessity requires the disclosure of previously confidential information. It ensures compliance with Austrian civil law, EU GDPR, and local data protection requirements while providing legal certainty for all parties involved. The document is particularly crucial in scenarios involving mergers and acquisitions, due diligence processes, regulatory reporting, or when sharing sensitive information with authorized third parties. The waiver carefully balances the need for information disclosure with remaining privacy obligations and data protection requirements.
