equitable assignment

An assignment that, although not legally valid, will be recognized and enforced in equity — for example, an assignment of a chose in action or of future acquisitions of the assignor.

• To accomplish an “equitable assignment,” there must be an absolute appropriation by the assignor of the debt or fund sought to be assigned. [Cases: Assignments 48. C.J.S. Assignments §§ 2, 53.]


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双语律师容远,毕业于法国一流的高级翻译学院,擅长翻译各类与公司治理相关的法律文件。
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