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Unformatted text preview: A contract cannot be assigned if the assignment would materially alter the risk or duties of the obligor. 4. Assignment of legal action -Legal actions involving personal rights cannot be assigned. Effect of all Assignment of Rights Where there has been a valid assignment of rights, the assignee stands in the shoes of the assignor. That is, the assignor is entitled to performance from the obligor. The unconditional assignment of a contract right extinguishes all the assignors rights, including the right to sue the obligor directly for nonperformance. Notice ()f Assignmel1t ....
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- Spring '08