A warranty in a receivables financing contract that BP was not prohibited from disposing of the receivable was not breached by a clause in the underlying oil sale contract prohibiting assignment ...
On June 20, 2018, Judge Carey of the Delaware Bankruptcy Court issued an opinion in the Woodbridge Group of Companies bankruptcies enforcing an anti-assignment clause contained in a promissory note to ...
In MTA Canada Royalty v. Compania Minera Pangea, Judge Abigail LeGrow considered whether an agreement's anti-assignment clause operated to void an assignment that occurred as a result of a subsequent ...
The purchase and sale of claims held by creditors against debtors in a bankruptcy proceeding has become a big business. The motivations for the buyer are varied. They include making a profit on any ...
It is common practice for lenders to sell their loans after closing on them -- and this is especially true when it comes to mortgages and auto loans. If your loan contract has an "assignment without ...
Most business owners focus on the commercial points in a contract first: price, scope, timing, and deliverables. That makes sense. Those are the terms that feel immediate and practical.
Assignment and other dealings clauses typically seek to control who can perform the contract and who can receive any benefit under the contract. Note that for the purposes of this alert we have not ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
If you are not effectively negotiating the assignment and subletting cause in your lease, you are not leveraging one of the most important benefits of being a franchisee. Ninety percent of startup ...