[E-trademarks] Parent puzzle part 2
Pamela Chestek
pamela at chesteklegal.com
Fri Feb 9 19:36:02 EST 2024
On 2/9/2024 1:38 PM, Lara Pearson via E-trademarks wrote:
> 1. Apart from the TM license, what documentation would you want if Sub
> (S) was formed /before/ the Client (C), and the Client was formed
> specifically to become a parent to several pre-existing entities,
> including S?
For what purpose? There are few trademark reasons you need to worry
about this.
>
> 2. If parent C subsequently decides it wants to subsume S and acquire
> all of S's intangibles, is there paperwork you'd want in addition to a
> standard assignment from S to C?
This is a question for the firm doing the reorganization. If it's a
merger, you may not need anything. The particular state's law may say
that the subsidiaries assets become the assets of the surviving entity
by operation of law, so nothing is needed. The merger document (which
can be something like a single page from the DE SOS) can be recorded at
the PTO. But the transaction might be just an assignment of all the
assets, in which case you will need a formal assignment. So it's really
driven by the reorg folks, not trademark. But read their assignment
forms, they often suck!
Pam
Pamela S. Chestek
Chestek Legal
300 Fayetteville Street
Unit 2492
Raleigh, NC 27602
pamela at chesteklegal.com
(919) 800-8033
www.chesteklegal.com
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