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ENTREPRENEUR'S EDGE
March 2010
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Greetings!
February was a very exciting month.
I took the big leap into establishing my own boutique law firm and am thrilled with the response and overall support I have received.
Please make sure to adjust your contact information for me to: Claudius du Plooy Law Firm Ste. 268, 708 11th Ave SW, Calgary, AB T2R 0E4 Ph: 403-718-9877 Email: claudius@claudiusduplooy.com Also check out the new website at www.claudiusduplooy.com Let me know what you think.
Finally, I have created this nlineopublication called the Entrepreneur's Edge. My intent is to introduce you to some very interesting Calgary Entrepreneurs and to keep you up to date on information and changes that could be important to your own business.
I'll look forward to your feedback and if you find it irrelevant, feel free to unsubscribe by clicking the "SafeUnsubscribe" link at the bottom of this email.
Sincerely,
Claudius
NOTE: No information in this publication is intended or should be relied upon as legal
advice without proper legal advice for your unique circumstances
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What's In Your Name? The laws around Corporate Identity
As I was setting up my
new firm, the name and look of it, I thought of how far we have come from
simply "hanging a shingle". The law
regulates every aspect of corporate identity these days, and conflicting claims
to a business' identity happen more often than you would think. I have dealt with many small businesses in
the past who were the unlucky recipient of a dreaded "cease and desist" letter. I loosely use the term Corporate Identity to
describe the elements that make a business unique and distinguishable from
other businesses. This can include the
unique corporate name, trade marks, trade names, slogans, tag lines and the
corporation's web site.
Although this is not something that happens
to the majority of businesses, infringement happens more often that you
think. A business can unknowingly
infringe on another's corporate identity in more than one way. I will highlight a few of these incidents below and to the right.
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Trade Name
& Corporate Identity
Sometimes a corporation has a name that is not very brand-able (like a numbered company), or the business
wants to brand itself as something other than the corporate name. It is good business
practice to register any operating name as a trade name at the Corporate
Registry. The main function is to tell
the world that the corporation is "doing business as", so that there is a
recognition of the party they are dealing with.
Because the Registry is a public record, once a trade name is
registered, there is a presumption that whoever deals with the corporation
under its trade name will know the real entity it is dealing with.
The law requires a corporation to clearly
disclose on all its material the corporate name, so that people know they are
dealing with a corporation. A trade
name serves mainly as public notice, does not have proprietary protection and as
such can not necessarily be claimed for exclusivity. If you want to do this, it is best to
register a trade mark. Like corporate
names, trade names are regulated by provincial law.
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Corporate Name
& Corporate Identity
If one corporation has a
name that is too similar to another corporate name, the complainant has
to prove that the new name is too close to their's, in such a way that
the public or customers may confuse one for the other. This is commonly known as "passing off". In short, "passing off" is the
attempt to gain an economic benefit by using an identity similar to another
business and leading customers to believe it is dealing with the latter. Although it is unlikely small businesses will
litigate over this, it is inconvenient and costly in time, money and lost goodwill to have to change your name and brand.
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Trade Mark
& Corporate Identity
The main difference between a trade name
and trade mark is the proprietary protection that a trade mark enjoys. A registered trade mark gives the holder the
protection that nobody else may use the same mark in Canada unless the holder licenses
the use. Trade marks therefore give a
far wider and stronger protection than trade names and corporate names.
A trade mark does not necessarily have to be
registered. If you used a mark for long
enough, it acquires the same proprietary force as one that is registered, as long as you can prove that
the public recognizes your business or product by that mark. The catch is that you have to prove
it. Because litigation is so expensive
and uncertain, it is almost always better to register the mark. Registration has other benefits like treaty
preference in foreign registrations.
Do
not only think of a trade mark as a logo.
Often you can get better protection from a "word mark" that only has
words, rather than specific design, colours and fonts. In short, a word mark protects the words in
whatever form they appear, where a design mark protects the words only in that
specific design, font, arrangement and so on. For example, I may be better served by registering "Wicked
Widgets" simply as words, than to register the logo containing the words in
red.
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Faetured Client of the Month Career Fox Inc -Recruitment Director Julia Cordray
Career Fox Inc; a recruitment company that matches employees to companies looking to hire, was started by founder and Recruiting Director Julia Cordray in 2008. Since launching in summer of 2008 Career Fox has seen explosive growth in a down economy.
In January of 2010 Career Fox purchased Emergy Personnel, a recruitment company that specializes in Engineering, Oil and Gas, and Trades. Through this acquisition Career Fox have now grown their employee database to over 5000 and gained a market share in a wider industry than before. There are a number of reason for their success. Their competitive rates allowed them to gain market share and lead the way on cost effective and efficient recruitment. Julia also prides herself on differentiating by using job specific assessments, social media networking, and a friendly approachable recruitment style. www.mycareerfox.com.
If you want to be featured in the Entrepreneur's Edge, please contact Claudius. | |
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About Claudius du Plooy Law Firm
Claudius du
Plooy Law Firm focuses on Business Law
and Estate Law. We are a Calgary boutique law firm
with over ten years' experience in matters of business law, securities law, commercial real estate development,
entertainment law and international trade law.
Our unique methodology helps to ensure we
communicate, add value, and deliver results to our customers without
"nickel and diming".
Claudius du Plooy has acted for a wide range of clients, from individuals and small business to
multinational corporations. Claudius especially enjoys working with small
and medium sized businesses and entrepreneurs.
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