“No party may assign, transfer, sub-contract or otherwise part with this agreement or any part thereof or any right or obligation under it, without obtaining the other party’s prior written consent ...

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 ...

The New York Court of Appeals ruled that even “sole discretion” clauses don’t prevent claims of bad-faith conduct, creating ...

The shortest clauses in technology agreements can be among the most important. This article considers one such clause that appears in most technology contracts: the assignment clause. It appears in a ...

The principle of assignment as recognized under Indian law—and affirmed and applied by Indian courts—derives its origins from English law. Simply put, the word “assignment” means transfer of rights or ...

Depending on the terms of the employment contract, the contract may or may not be binding after the sale of a company. The continuation of the employment contract depends on the existence of a ...

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 ...

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.