The first page of the Nuans report lists names of companies that have already been reserved. The “selected” name will be reserved for 90 days. Any similar names on the report will be subject to name conflict. If a name that has been owned by another entity then the owner of the entity would have first priority over the reservation name. If a name that has already been registered, owners of the name can claim name infringement and pursue litigation or compensation from the newly formed company.
Therefore, it is important to do a name analysis by a hired professional to avoid any conflicts or any future litigation.
The second section of the Nuans report illustrates any trademarks that can be similar to the reserved name. If the name is trademarked then the name will be listed in this report. In Canada, the trademark owner owns the name if the name has been trademarked and anyone who reserves the name post trademark will be subject to litigation. The Owner or Owners of the trademark has full authority to seek litigation if the name has been used without their permission.
Therefore, it is important to do a name analysis by a hired professional to avoid any conflicts or any future litigation.
If you want to reserve your Nuans report the right way, please follow the link below.