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Trademark of a Company Name The company Let's begin with t

Let's begin with the company name. There is no indication that a trademark search was ever conducted to ensure that no other company is already using the name Characters Galore. Thus, Jeff, at least, is subjecting himself to a possible trademark infringement lawsuit (See, generally, chapter 19.77 RCW). He should immediately perform a trademark search on the name. If the name is clear, he should register it as a trademark. If it is not clear, he should immediately stop using it and find one that is clear. To who or what organization, however, shall Jeff register the clear trademark? He can register it to himself and then transfer it to whatever organization this group of people eventually form. But what would be the best form of that organization?

At this point, we'll discuss it as though Brian had not yet left the organization. Jeff, John, Darlene and Brian have agreed to be "partners" and share equity interest in 50 percent of the organization. Jeff will actually own 20 percent as the "manager" of the organization. Aunts Jennifer and Rita own the other 50 percent. Given that the original business is a family business, it would probably be best for Jeff, John, Jennifer and Rita to first incorporate their interests in Matt's original business. A corporation in this case would be the best business organization because it would open Jeff and John's options to use their interests in the corporation to fund their interests and form alliances in the venture they undertake in Characters Galore (assuming that is the name they eventually use) (See Combs 25-26).

Once the original business is protected, Jeff and John then need to consider what sort of business arrangement they want to forge with Darlene and Brian. They've all agreed to be "partners," but they've also agreed that Jeff will have management control. Under normal circumstances, Jeff and John would probably best be served by forming a limited liability company (...

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Trademark of a Company Name The company Let's begin with t. (1969, December 31). In LotsofEssays.com. Retrieved 08:39, March 29, 2024, from https://www.lotsofessays.com/viewpaper/1702737.html