Ironclad Performance Wear filed with the U.S. Bankruptcy Court an emergency motion for an order authorizing Debtors to effectuate a name change.
The motion explains, “Under the Asset Purchase Agreement between the Debtors and Brighton-Best International (‘BBI’), the Debtors ‘may not, directly or indirectly, use the name ‘Ironclad’, ‘Ironclad Performance Wear’ or any derivative thereof or any similar name, or trade name currently used to identify themselves. Each of [the Debtors] shall be responsible for all filing fees required to be paid in connection with filing [the Debtors’] change of name amendments in the States of Nevada and California, and in each other state in which it is qualified to transact business.”
The Court-approved sale of the Debtors’ assets to BBI is scheduled to close on November 14, 2017. The Debtors are therefore required to change their names as a result of the sale to BBI.”
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