The Effects of Debt Assignments

Maria Căzănel ()
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Maria Căzănel: Ovidius University of Constanța

Ovidius University Annals, Economic Sciences Series, 2016, vol. XVI, issue 2, 10-13

Abstract: The assignment of debt takes effect between the contracting parties (assignor and assignee),without any formalities, but also between parties and in relation to third parties. Thus, the right toclaim is transmitted from the transferor’s property to the transferee’s together with all accessoriesto that debt, and the rights related to warranty. Instead, the effects of the debt assignment inrelation to third parties must be judged according to how the assignment became enforceableagainst the assigned debtor, which is different from the one done to other third parties.

Keywords: debt assignment; assignee; assignor; assigned debtor; third parties (search for similar items in EconPapers)
JEL-codes: K (search for similar items in EconPapers)
Date: 2016
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