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ASSIGNMENT OF A CLAIM

Mar 10, 2010
By Lina Kaucikaite, Associate Lawyer

ECOVIS Miskinis, Kvainauskas ir partneriai advokatu konotra Assignment of a claim is an important and convenient business performance measure. By claim assignment contract, a creditor may assign the claim to another person and, in such case, the creditor of a claim changes, but the debtor remains the same. This article shall disclose important questions related to the assignment of the claim: debtor consent, form of contract, obligations and liability of the previous creditor, new cr ...

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