Do Contractor Accountants need to be concerned with Trademarks?
One of our clients has just received correspondence from a large firm of corporate lawyers due to a clash in their Limited company names. Only once in the last 22 years have I seen something like this and was surprised at the threatening nature of the initial letter. The word itself, is quite innocuous and would have little meaning to 99% of the business population. What amazed me the most was the ferocity of an initial letter! I have checked the companies house register and noted about 700 companies with the same word at the start. So why send it?
I think the answer is “a work creation scheme”.
You have probably already experienced the situation with a builder/plumber or car mechanic. You send the car in for a service and all of a sudden it needs open heart surgery – or the dipthong and widget will explode on the motorway. Bearing in mind Solicitors charge by the hour, wouldn’t it be a great business to be in? I could put a tracker on companies house (easy to do) and write to every company that opens up with a name similar to my client. Then charge the client for sending a letter out.
Genius – I salute them!