You have a
potential claim against him for breach of duty (to act in the best interest of
the original company) and for compensation/damages in "passing off" because he
is attempting to profit off the back of the original business.
It really comes
down to how much you want to spend taking this to court if he simply refuses to
change the name.
that was not an issue, and leaving it aside for a moment, the amount of
compensation that you could get be very difficult to quantify because the
company is no longer active and it will be difficult for you to say what the
company as a result of his actions.
To summarise: you
do have a potential claim/cause of action against him
You can always
get a solicitor to write to him threatening an application to court for an
injunction and costs and see what reaction it gets. We get many such questions
on here from people who have had those kind of letters
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