§ Sir S. Reedasked the President of the Board of Trade whether, when the business of a redundant firm is taken over by a nucleus firm, the proprietors of the redundant firm will not only retain their trade name and goodwill, but the distinctive character of their branded goods, so that the value of their past enterprise and marketing skill may not be impaired?
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Captain WaterhouseA transfer of the right to manufacture branded goods is a matter for negotiation between the parties. The transferor will no doubt have in mind the object to which my hon. Friend refers in coming to terms with the proposed nucleus firm.