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Mergers & Acquisitions/Does a new company name (LLC), effect on existing contracts?

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Question
Dr. Beauchamp - We are a very small company that has hired creative
contractors on a work-for-hire basis in a previous project. If we change the
name of our company (name only change), does this effect our established
contracts? Thanks for anything you can provide.

Answer
Probably not, if the same principals or officers are also signing on new ones. If the same parties are still principals and making decisions probably no need to complete new agreements. If there is some doubt, then new contracts are in order.

Dr. Joseph de Beauchamp

Mergers & Acquisitions

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Dr. Joseph de Beauchamp

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MBA professor. Been involved with over a thousand mergers.

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2000 public companies

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