Company Law Reform Bill [HL]

moved Amendment No. 75:"Page 31, line 24, at end insert—" ““(   )   In this section ““goodwill”” includes reputation of any description.”” The noble Lord said: This amendment is also concerned with Clause 73, on orders requiring a name to be changed. This, too, is an issue brought to our attention by the Law Society. As we have heard, the clause deals with the order that the adjudicator can make against a company requiring it to change its name following objection to the use of the name by another person. The clause defines an offending name as similar to the name associated with the objector in which he claims goodwill. The expression ““goodwill”” is already defined in the Bill as worded in the amendment for its purposes in Clause 70, but we wonder whether it needs to be defined for its purposes in Clause 73 as well. That is what the amendment seeks to achieve. I beg to move.