A recent judgment has offered a thorough and illuminating review of the principles around assignment and novation Anyone working in construction is likely to have encountered the terms “assignment” ...
A purported assignment of a contract without consent and an alleged novation were ineffective, the BC Court of Appeal recently held in Barafield Realty Ltd. v. Just Energy (B.C.) Limited Partnership, ...
A unique aspect of doing business with the federal government is the built-in limits on a contractor’s right to assign the contract or the right to payment under the contract to third parties. The ...
When a party is substituted for another party to contract and assumes the original party’s rights and/or obligations, it does so either by way of ‘novation’ or ‘assignment’. Party A contracts with ...
If you’re a contractor and you’re asked to accept the novation of a consultant, make sure it really is going to be joining you – and be careful which form you use Hands up those of you who can explain ...
There are 2 methods of transferring a contract in Singapore. If you want to transfer just the rights under the contract, you can perform an assignment of the contract. On the other hand, if you want ...
An assignment of all construction and supply contracts is invariably an essential element of the security package required by syndicates of Thai banks for financing large construction projects. These ...
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