Legal Question in Business Law in Iowa
if their is a contract btween two business and one changes their name. can you void the contract and get the stuff back
3 Answers from Attorneys
As a Franchise Attorney I need to ask a question. You have to be kidding? If this were possible, businesses would constantly change their names to avoid contractual responsibilities. Doesn't work that way. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
No, unless maintaining the old name was material to the company's obligations under the contract -- in other words, unless the company breached the contract by changing its name. That would rarely happen.
I am glad to see that people in the great state of California take some notice of doings in our small corner of the world-but they are absolutely correct. The answer is no.
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