• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Use of Business Name Beyond Limit

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

drwillett2

Junior Member
What is the name of your state (only U.S. law)? California
Our retail business (one women's boutique) was sold 3-1/2 years ago with the stipulation that the business name would not be used beyond 2/23/09. The buyer has responded to our query saying that the name change is being held up because the landlord is not agreeing to replace the awning where the store name is shown. Also involved is a website, advertsing and the use of the name in commerce.

What power do we have to get the buyer to stop using the name immediately? Can the continuing use of the name be tied to compensation? How can an appropriate compensation be determined?
 


Zigner

Senior Member, Non-Attorney
What is the name of your state (only U.S. law)? California
Our retail business (one women's boutique) was sold 3-1/2 years ago with the stipulation that the business name would not be used beyond 2/23/09. The buyer has responded to our query saying that the name change is being held up because the landlord is not agreeing to replace the awning where the store name is shown. Also involved is a website, advertsing and the use of the name in commerce.

What power do we have to get the buyer to stop using the name immediately? Can the continuing use of the name be tied to compensation? How can an appropriate compensation be determined?
Both questions should have been addressed in the sale/purchase contract...
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top