Can my friend set up a business name without telling the parent company ?

Mchambers

Hi,

My friend is trying to set up a company J P Morgan Mortgages Help via the companies website. I think that he needs to get permission from the bank before he can do this so would be grateful if someone could confirm. My other queries are :

1. Can the bank sue him for not seeking their permission beforehand ?

2. How does he get their permission to proceed ?

Thanks

somethingcorporate

You should speak to an experienced IP (intellectual property) solicitor.

Mchambers

somethingcorporate wrote: »

You should speak to an experienced IP (intellectual property) solicitor.

Oh dear, why should I speak to you or any solicitor and waste money ?

Could someone please give me the courtesy of a proper response.

phill99

Mchambers wrote: »

Oh dear, why should I speak to you or any solicitor and waste money ?

Could someone please give me the courtesy of a proper response.

With that attitude its unlikely that any bidy will be willing to help.

zax47

Mchambers wrote: »

Hi,

My friend is trying to set up a company J P Morgan Mortgages Help via the companies website. I think that he needs to get permission from the bank before he can do this so would be grateful if someone could confirm. My other queries are :

1. Can the bank sue him for not seeking their permission beforehand ?

Can they? - Yes. Will they? - They certainly will!

2. How does he get their permission to proceed ?

He won't - ever! Why would they - he's trading on their good name & reputation !!!!!!! They'll sue his !!!! off, and they've got plenty of money to do it with. Google "Passing off".

What a stupid idea!

{Is it really a He not a She - who is on a career break and is employed by a major bank. ...?}

Mchambers

zax47 wrote: »

Can they? - Yes. Will they? - They certainly will!

He won't - ever! Why would they - he's trading on their good name & reputation !!!!!!! They'll sue his !!!! off, and they've got plenty of money to do it with. Google "Passing off".

What a stupid idea!

{Is it really a He not a She - who is on a career break and is employed by a major bank. ...?}

Many thanks for confirming wot I already knew !

paddyrg

They either fly under the radar a while and get away with it, or JP Morgan find out, and get stroppy. Considering the amount of money at stake, and considering the name is registered in bad faith, with the intention of confusing the consumer, their wrath will likely be severe and sizeable.

Companies house won't stop them from making the registration, but it would be a pretty bad move to try.

Look at other industries for examples - Mc Donald's (fast food giants) managed to force a name change of McDonald's caf! in Scotland somewhere, owned by the McDonald family for decades - and they even had a good faith right to the name!

pooch

phill99 wrote: »

With that attitude its unlikely that any bidy will be willing to help.

I'm out !

Mistral001

OP I think your friend is winding you up. I would ignore him and do not rise to the bait in the future.

zygurat789

Mistral001 wrote: »

OP I think your friend is winding you up. I would ignore him and do not rise to the bait in the future.

Your friend can do this, however, the consequences will be rather costly.

somethingcorporate

Mchambers wrote: »

Oh dear, why should I speak to you or any solicitor and waste money ?

Could someone please give me the courtesy of a proper response.

I think you and your mate should go for it

It'll be fine.

And even if it's not with your attitude about my assistance I couldn't give a monkeys you ungrateful fool.

Honestly, if you want a watertight answer with someone that takes responsibility then pay for it. If you expect it for free then you are plum out of luck.