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Anne B., Esq.

Anne B., Esq.

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Anne B., Esq.
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I entered into a contract to buy a business on the 23rd of June. The person represented (put it in the contract as well) that the company did not have loans, and that there were no more than 30k$ in money owed to various vendors etc. He also stated that he had the lease on the building until the 15th and took money for the rent until the 15th (he put this in the contract also). The building owners came and said that he was behind on the rent, he had no right to sublease. I’ve found so far a 98k$ loan, outstanding health insurance bills, vendor bills, etc going up another 40k$ probably. He is holding the website and phone number hostage now. I’m locked out of the building. Can I just walk away from this contract at this point from how misleading he was? I’ve paid, but I’m more concerned with the customers that are owed work.

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We’re planning to name our new brand DRVN. Can you confirm whether registering the brand name DRVN would infringe on any existing trademarks in our industry, and advise on the best strategy to protect the name (word mark, logo, and relevant classes)?

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It was more of an investment contract that made me a silent partner. I invested a certain amount of money that gave me a percentage of the profits and a guarantee on the return of my investment. The owners of the business never started the business.

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