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 ...

New York, USA - Homeowner resource outlines inspection clauses, proof of funds, title review and other terms sellers should understand before accepting a cash offer A new homeowner guidance resource ...

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 ...

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 ...

Nearly one in three American workers can't say what's in their own employment contract. A new survey from Goldberg Law Group, ...

But many of the most serious risks in a commercial agreement are not found in the opening pages. They are often buried in the legal clauses that seem standard, harmless, or too technical to worry ...