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 ...
An assignment and delegation provision is the clause that specifies a party’s ability to assign its rights or delegate its duties under an agreement. It is a provision that is often placed in the ...
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 ...
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 ...
Most business owners focus on the commercial points in a contract first: price, scope, timing, and deliverables. That makes ...
Right-hander Jorge Alcala has triggered an assignment clause in his minor league deal with the Blue Jays, reports Ari Alexander of 7News Boston. Alexander writes that Alcala will now be available to ...
Legislative Bill 220 proposes this wording on assignment contracts, in capital letters and 14-point type, to inform consumers: “YOU ARE AGREEING TO GIVE UP CERTAIN RIGHTS YOU HAVE UNDER YOUR INSURANCE ...
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