ARTICLE
8 November 2018

Family Name Vs. Family Business

CW
Clark Wilson LLP
Contributor
Clark Wilson is a multifaceted law firm based in Vancouver, BC with a strong track record of being highly integrated into our clients’ businesses. Known for our industry insight, entrepreneurial culture and strategic networks, we actively seek to connect our clients with the people, resources and solutions they need to succeed.
Many years ago I was asked by some former business owners to assist them with a unique problem. They had run a family business for many years and the name of the business was the family's name.
Canada Corporate/Commercial Law
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Many years ago I was asked by some former business owners to assist them with a unique problem. They had run a family business for many years and the name of the business was the family's name. This is actually not an uncommon situation. They had sold the business a few years before meeting me and were experiencing concerns about the use of the family's name in connection with the business. The new owners had not been operating the business very well, with quality falling and customer complaints. The problem for the former owners was that this poor reputation was flowing to them, as friends and acquaintances were commenting on how bad the business had become. Since the business name was the family name, they were suffering reputational damage and didn't like it one bit.

So they came to me to see if I could help them with their problem.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
8 November 2018

Family Name Vs. Family Business

Canada Corporate/Commercial Law
Contributor
Clark Wilson is a multifaceted law firm based in Vancouver, BC with a strong track record of being highly integrated into our clients’ businesses. Known for our industry insight, entrepreneurial culture and strategic networks, we actively seek to connect our clients with the people, resources and solutions they need to succeed.
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