A bit of a technical question here. Two parts to it:
1. Received a NOA from Arrow Global Guernsey Ltd this morning. The wording makes it look like an absolute assignment BUT omits the word duties. It is as follows: "Under an assignment agreement dated 21st September 2010, the respective rights, title and interest in the above account (including the right to receive payment of the outstanding balance) was further assigned by Everything Everywhere Ltd to Arrow Global Guernsey Ltd (AGGL).
What type of assignment do you think this is absolute or equitable?
2. It then goes on to say payments must be made to Frederickson International Ltd, Weybridge etc... As Arrow are offshore based in Guernsey, do they have the right to collect on the mainland? Do they have the right to collect through Fredericksons?
Any help much appreciated as always,
Caspar.
1. Received a NOA from Arrow Global Guernsey Ltd this morning. The wording makes it look like an absolute assignment BUT omits the word duties. It is as follows: "Under an assignment agreement dated 21st September 2010, the respective rights, title and interest in the above account (including the right to receive payment of the outstanding balance) was further assigned by Everything Everywhere Ltd to Arrow Global Guernsey Ltd (AGGL).
What type of assignment do you think this is absolute or equitable?
2. It then goes on to say payments must be made to Frederickson International Ltd, Weybridge etc... As Arrow are offshore based in Guernsey, do they have the right to collect on the mainland? Do they have the right to collect through Fredericksons?
Any help much appreciated as always,
Caspar.
Comment