What’s in a name?

Couldn't find a pic with the stately Dickson Poon banner.

Back in March, we received a tip that King’s College in London had received a huge gift to their law school and decided to rename the institution in the benefactor’s honor: Dickson Poon School of Law.

We didn’t write a full story at the time, because frankly I thought I was being trolled. I mean, Dick Poon Law? Dicks On Poon? Really? Come on. That’s like all of Britain trying to take the piss out of me.

But it is true. King’s College changed the name of their law school after a £20m donation from Dickson Poon, who is a philanthropist and the owner of Harvey Nichols (aka “Harvey Nicks”).

Now, while making a bunch of Poon jokes has a tang of immaturity, it appears even King’s College is sensitive to plastering Poon all across the diplomas of its new graduates.

The school sent out a very interesting letter trying to calm new students, reassuring them that the school’s new name wouldn’t besmirch their résumés for the rest of their lives….

double red triangle arrows Continue reading “Law School Promises Not To Get Poon All Over Your LL.M. Degree”

A couple of decades ago, a friend was defending a case that involved a corporate entity named “LHIW, Inc.” The case seemed defensible for a while. Then, during a deposition, opposing counsel thought to ask a witness what the heck “LHIW, Inc.,” stood for.

Suffice it to say that it’s tough to defend a transaction that involves a shell company named “Let’s Hope It Works, Inc.”

Ten years ago, a company was spinning off the piece of its business that was saddled with product liability exposure. The transaction would create one new, clean company and one tainted company that would spend its days defending itself or paying claims over time. Did the internal corporate documents really have to refer to the two new entities as “GoodCo” and “CrapCo”?

Why did I flash back to those memories? Because I recently ran across a situation where someone cleverly named an investment vehicle “SNP, Inc.” That was fine and good until someone thought to ask what “SNP, Inc.,” stood for. Naturally: “Should Not Participate, Inc.”

The more things change, the more they stay the same. But I have a proposal on this front . . .

double red triangle arrows Continue reading “Inside Straight: No More Projects Named ‘Death Star’ Or ‘Piranha’!”

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