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Who owns the right to name of Golden Acres?

Who owns the right to name of Golden Acres?

Who owns the right to name of Golden Acres?

Who owns the right to the name of Golden Acres as a home for the elderly when the name was specifically excluded from transfer under an Asset Purchase Agreement but included in the Bill of Sale signed by the seller at closing? The Dallas Home for Jewish Aged contested the use of the Golden Acres name by the purchaser of the property. The purchaser sought a declaratory judgment that it owned the right to the name. The Dallas Home recognized that various intellectual property rights, including the right to the name, were included in the Bill of Sale utilized at the closing. But it argued that there was no independent consideration (a legal term for a quid pro quo) for the change from the...

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