Re: Deed/Notice of assignment
The action related to Lord denning was a bit of a hobby horse of his. It really related to rights of third parties under a contract. Under common law a third party had no rights under a bilateral contract even though he may have been mentioned in it. So if for instance an agreement between the principles gave an income to someone who was not a signatory he was not entitled to sue.
This was changed in specific circumstances, mainly where the third party was specifically mentioned within the contract and could prove a contractual obligation exists, nothing really to do with the presentation of deeds in this context, not that this stops the FMOTL , has it ever.
The action resulted in the legislation mentioned and quoted earlier, which gives third parties some rights when losses are incurred, although still quite restrictive and under specific circumstances only .
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I am sure there was a question regarding assignments raised by someone, if I imagined it I apologize, still all knowledge is good I always say.
When i responded to your original point someone responded about lord denning so i responded to that.
The action related to Lord denning was a bit of a hobby horse of his. It really related to rights of third parties under a contract. Under common law a third party had no rights under a bilateral contract even though he may have been mentioned in it. So if for instance an agreement between the principles gave an income to someone who was not a signatory he was not entitled to sue.
This was changed in specific circumstances, mainly where the third party was specifically mentioned within the contract and could prove a contractual obligation exists, nothing really to do with the presentation of deeds in this context, not that this stops the FMOTL , has it ever.
The action resulted in the legislation mentioned and quoted earlier, which gives third parties some rights when losses are incurred, although still quite restrictive and under specific circumstances only .
- - - Updated - - -
I am sure there was a question regarding assignments raised by someone, if I imagined it I apologize, still all knowledge is good I always say.
When i responded to your original point someone responded about lord denning so i responded to that.
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