Canton, NC asked in Business Law and Civil Litigation for Tennessee

Q: Can a company change their name to avoid a lawsuit?

Can a company change their name to avoid a lawsuit ?.

2 Lawyer Answers
Leonard Robert Grefseng
Leonard Robert Grefseng
Answered
  • Columbia, TN
  • Licensed in Tennessee

A: I suspect not- changing the name will require filing documents to change the ownership of property, vehicles. business licenses, etc. Also, unless it is a sole proprietorship ( a single owner), changing the name will require filing documents with the Secretary of State ( for corporations and limited liability companies). In summary, those name change documents would establish that the former business that you want to sue is actually the same business as the new one , just under a different name.

Mr. James Charles Wright agrees with this answer

Mr. James Charles Wright
Mr. James Charles Wright
Answered
  • Knoxville, TN
  • Licensed in Tennessee

A: Changing a name doesn't protect the company from liability anymore than a person changing this / her name. A Company can sell to someone else and depending upon how it is structured there may be some suit protection. But again a simple name change will not impact the Company's liability.

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