Hi Guys,
A facebook fanpage was formed for a product a few years ago, then the company decided they wanted to utilise facebook, because we already had large number of followers instead of starting a page themselves, they approached us and reached an informal agreement with us to allow them an admin account on the page to make posts.
Now the product / company and all ownership of ip/trademarks has changed to a new company as the previous company has folded, and the new owners are demanding we sign the fanpage over to them otherwise they will take us to court over trademark infringement etc.
Do we have to?
A facebook fanpage was formed for a product a few years ago, then the company decided they wanted to utilise facebook, because we already had large number of followers instead of starting a page themselves, they approached us and reached an informal agreement with us to allow them an admin account on the page to make posts.
Now the product / company and all ownership of ip/trademarks has changed to a new company as the previous company has folded, and the new owners are demanding we sign the fanpage over to them otherwise they will take us to court over trademark infringement etc.
Do we have to?