Legal Question in Business Law in Florida

We opened a new company in US. The original -parent company is in Europe. One owner from the European company together with me is a part of the US Corporation. We are using here everything the same, the system, logo, name, etc....

I was just wondering. Is there any special agreement and/or contract, we should get the European company signed, that will give us the complete right to use their name, logo, system, trademarks, etc, even in the event that the company gets sold here in Europe to a different investor, we have the only and exclusive right to use the system in US forever. This sale of the company in Europe might happen in the near future and I wish to be covered. Do I need to worry about it or not?

Thank you for your advice.


Asked on 7/26/10, 3:59 pm

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

A franchise attorney will say you should be concerned with what happens in the event things change with the parent company. In the absence of a written agreement, things can change at will and dramatically. You also need to have a professional analyze the proposed agreement to see if it falls within US franchise laws. Consult with a good franchise attorney for specific advice.

Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise

Franchise Attorney

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Answered on 7/27/10, 8:01 am


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