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Home / Opinion Digests / Banks & Banking – Equitable Assignment – Written Consent Clause – Contract Principles (access required)

Banks & Banking – Equitable Assignment – Written Consent Clause – Contract Principles (access required)

Where a party obtained a certificate of deposit from defendant bank, and the CD agreement contained a clause requiring the prior written consent of the obligor to any assignment, where the party assigned the excess amount of the CD to plaintiff by a letter which was forwarded to associate counsel for the bank without the ...

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