Assignability of Commercial Contracts (MN) | Practical Law

Assignability of Commercial Contracts (MN) | Practical Law

A Practice Note examining Minnesota law relating to the transferability of commercial contracts, including a party's legal ability to assign its rights and delegate its performance obligations under a contract that is silent on transferability, and the construction and enforceability of contractual anti-assignment and anti-delegation clauses. It also includes applications to different types of commercial contracts and transactions and discusses key drafting considerations for anti-assignment and anti-delegation provisions.

Assignability of Commercial Contracts (MN)

Practical Law Practice Note w-010-2540 (Approx. 32 pages)

Assignability of Commercial Contracts (MN)

by Practical Law Commercial Transactions
MaintainedMinnesota
A Practice Note examining Minnesota law relating to the transferability of commercial contracts, including a party's legal ability to assign its rights and delegate its performance obligations under a contract that is silent on transferability, and the construction and enforceability of contractual anti-assignment and anti-delegation clauses. It also includes applications to different types of commercial contracts and transactions and discusses key drafting considerations for anti-assignment and anti-delegation provisions.