HomeEntertainmentCelebrityMeghan And Prince Moves For Organization Name Change After Announcing Closure

Meghan And Prince Moves For Organization Name Change After Announcing Closure

“A name may be changed for any reason. The most commons reasons are because the existing name has become toxic, because it no longer represents what the company does, or because the name is not permitted.

Meghan Markle and Prince Harry are unstoppably carrying on with uncoupling their first organization Sussex Royal Foundation which was created in July last year but never officially launched as they change the name to something else. The couple applied for a change of the name on the 5th of August from Sussex Royal to MWX Foundation.

YOU MAY ALSO LIKE: Britain`s Economy Recovers More Quickly Than Firstly Anticipated

We learned that the Duke and Duchess of Sussex first requested for a change of the name last Wednesday but for a reason best known to them withdrew their application just nine minutes later.

The move to officially change the name has left several royal watchers thinking. Twitter user Isa wrote: “I genuinely don’t understand so if someone can explain this to me:

“1. Why would a dissolving company change its name?

“2. And didn’t the Sussex say that they weren’t going to establish or create a foundation? So why the change from Sussex Royal to MWX foundation?”

Sharing a detailed road map of their transition from senior royals to minor ones, Meghan and Harry declared they had no intention to start a foundation.

In a lengthy statement published on their website SussexRoyal.com in February, Meghan and Harry said: “As shared in early January on this website, The Duke and Duchess of Sussex do not plan to start a ‘foundation’, but rather intend to develop a new way to effect change and complement the efforts made by so many excellent foundations globally.”

Another Twitter user, Pamela RG wrote: “Why change the name in the middle of liquidation for Sussex Royal?

“Maybe so that they can then establish Archewell after this MWX Foundation Liquidation?”

While it could indicate a renewed interest in their first foundation, the rebranding of Sussex Royal may simply indicate Meghan and Harry’s desire to remove any reference to the Royal Family from official paperwork.

The couple agreed in January, after announcing their intention to step down as senior royals, to drop the use of ‘royal’ in any settings.

In their statement on SussexRoyal.com website, Meghan and Harry also said: “While there is not any jurisdiction by The Monarchy or Cabinet Office over the use of the word ‘Royal’ overseas, The Duke and Duchess of Sussex do not intend to use ‘Sussex Royal’ or any iteration of the word ‘Royal’ in any territory (either within the UK or otherwise) when the transition occurs Spring 2020.”

As stated on the Companies House website, the current status of this organisation is “liquidation”.

Moreover, the couple has already announced they are working behind the scene on their next project, Archewell, for which they have filed trademark applications for a wide range of goods as well as a wellbeing website and educational material.

Speaking on the documents, financial expert Robert Leach told the MailOnline: “I have never heard of a company changing its name while it is being wound up.

“It does take a little bit of time to wind up a company though, so perhaps it’s a break from the ‘Royal’ name for that period. The Companies Act 2005 section the papers quote is simply the procedure for changing a company’s name.

“A name may be changed for any reason. The most commons reasons are because the existing name has become toxic, because it no longer represents what the company does, or because the name is not permitted.

YOU MAY ALSO LIKE: Man Convicted Of Murder After A Body Is Found Concealed In A Rivulet

“In this case, it is probably the latter. Many terms require permission from someone to be used in a company name. The word ‘royal’ is strictly guarded.”

For now, no one knows the meaning of the new name “MWX” as it hasn’t been explained by the Sussexes or their representatives. But royal commentators are suggesting that it may be an acronym for ‘Markle Windsor Foundation’ as well as ‘Mountbatten Windsor Foundation’, all suggestions!

RELATED ARTICLES
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
- Advertisment -

Most Popular

0
Would love your thoughts, please comment.x
()
x