This Web site is in semi-stealth mode (management isn't publicizing it much). See the Legal Stuff.

Assignment

Assignment of agreement



Moved to Drafter's Choice master form book

Assignment-consent clause holds up sale of vendor, leads to litigation and $30MM re-trade of original deal

It looks like an assignment-consent clause, in a big customer contract, cost a troubled UK software vendor around US $30 million as the price of getting the customer's consent to a third party's buy-out of the vendor.

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