June 25, 2018 Anti-Assignment Clause in Promissory Note Enforceable under Delaware Law to Disallow Claim Transfer Eric Monzo Morris James LLP + Follow Contact ...

In In re Woodbridge Grp. of Companies, LLC, No. BR 17-12560-BLS, 2019 WL 4305444 (D. Del. Sept. 11, 2019), the United States District Court for the District of Delaware affirmed an opinion by ...

UCC Override of Anti-Assignment Provisions. Finally, the court turned to Contrarian’s assertion that §9-408 of the UCC overrides the promissory note restriction on assignability as a matter of law.