¶¶Òõ¶ÌÊÓÆµ

Assignment Of Claim Agreement for the United Kingdom

Assignment Of Claim Agreement Template for England and Wales

An Assignment of Claim Agreement is a legal document governed by English and Welsh law that facilitates the transfer of legal rights in a claim from one party (the assignor) to another (the assignee). This document formalizes the transfer of rights, specifies the consideration paid, and includes necessary warranties and representations. It must comply with the Law of Property Act 1925 and related legislation, ensuring proper notice to relevant parties and maintaining the legal enforceability of the assigned claim.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Assignment Of Claim Agreement

Let ¶¶Òõ¶ÌÊÓÆµ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Assignment Of Claim Agreement?

The Assignment Of Claim Agreement is essential when a party wishes to transfer their rights in a claim to another entity, commonly used in debt collection, corporate restructuring, or litigation funding scenarios. This document, governed by English and Welsh law, must carefully detail the claim being assigned, the consideration paid, and any warranties given by the assignor. It's particularly important in ensuring compliance with statutory requirements and maintaining the enforceability of the claim, while protecting both parties' interests through clear documentation of the transfer.

What sections should be included in a Assignment Of Claim Agreement?

1. Parties: Identification and details of the assignor and assignee

2. Background: Context of the original claim and reason for assignment

3. Definitions: Key terms used throughout the agreement

4. Assignment: Core provisions detailing what is being assigned

5. Consideration: Details of payment or other consideration for the assignment

6. Warranties: Assignor's warranties regarding the claim

7. Further Assurance: Obligation to execute further documents if needed

8. Governing Law and Jurisdiction: Specification of applicable law and courts

What sections are optional to include in a Assignment Of Claim Agreement?

1. Conditions Precedent: Used when assignment is conditional on certain events being met before completion

2. Confidentiality: Provisions regarding confidential information when sensitive information is involved

3. Tax Provisions: Handling of tax implications when significant tax considerations exist

4. Power of Attorney: Granting power to act on behalf of assignor when assignee needs authority to pursue claim

What schedules should be included in a Assignment Of Claim Agreement?

1. Details of Claim: Detailed description of the assigned claim

2. Original Contract: Copy of the contract giving rise to the claim

3. Notice of Assignment: Form of notice to be given to the debtor

4. Supporting Documents: Relevant correspondence and evidence relating to the claim

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses



























Industries

Law of Property Act 1925: Key legislation governing legal assignments, particularly Section 136. Covers requirements for written notice to debtor and stipulations for absolute (not conditional) assignments.

Civil Procedure Rules (CPR): Contains procedural rules regarding assignment of causes of action and requirements for legal proceedings involving assigned claims.

Law of Property (Miscellaneous Provisions) Act 1989: Section 1 sets out requirements for written contracts and formal requirements for creating legal rights in property law.

Contracts (Rights of Third Parties) Act 1999: Governs the impact on third party rights and the enforceability of assigned rights in contractual relationships.

Limitation Act 1980: Establishes time limits for bringing claims and their effect on assigned rights.

Doctrine of Privity of Contract: Common law principle determining the relationship between parties to a contract and their ability to enforce rights.

Rules Against Champerty and Maintenance: Common law principles preventing certain types of claim assignments that might encourage litigation.

Legal vs Equitable Assignments: Common law distinction between legal and equitable assignments, affecting enforcement rights and procedural requirements.

Data Protection Act 2018/GDPR: Regulatory framework governing the handling of personal data in the context of claim assignments.

Assignability Check: Legal requirement to verify whether the specific claim is assignable, as certain personal rights cannot be assigned.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Real Estate Assignment Contract

An English law document for transferring property rights and interests from one party to another.

find out more

Assignment Of Contract

An English law document that transfers contractual rights and obligations from one party to another.

find out more

Transfer Of Rights Agreement

A legal agreement under English and Welsh law facilitating the transfer of rights between parties, defining terms, conditions, and obligations of the transfer.

find out more

Assignment Of Partnership Interest

A legal document under English and Welsh law facilitating the transfer of partnership interests between parties.

find out more

Transfer Of Copyright Ownership Agreement

A legal agreement under English and Welsh law facilitating the transfer of copyright ownership from one party to another.

find out more

Assignment Of Construction Contract

An English law document enabling the transfer of rights and obligations under a construction contract between parties.

find out more

Transfer Of Intellectual Property Rights Agreement

A legal agreement under English and Welsh law for transferring ownership of intellectual property rights between parties.

find out more

Short Form Assignment Agreement

An England & Wales document for straightforward rights transfer in routine, uncontested assignments.

find out more

Prior Inventions Employment Agreement

An England & Wales agreement documenting pre-employment inventions and establishing intellectual property ownership rights.

find out more

Pre Invention Assignment Agreement

An England & Wales agreement assigning intellectual property rights from employee to employer before innovative work begins.

find out more

Patent Assignment Form

An England & Wales legal document transferring patent ownership, detailing involved parties and terms, requiring official registration.

find out more

Omnibus Assignment Agreement

An England & Wales legal document consolidating multiple asset transfers in corporate transactions.

find out more

Note Assignment Agreement

An England & Wales legal document transferring promissory note rights and obligations between parties.

find out more

Membership Interest Assignment

An England & Wales legal document transferring business ownership stakes with compliance and protection provisions.

find out more

Landlord Assignment Of Lease Form

An England & Wales legal document authorizing tenant lease transfer with landlord consent and conditions.

find out more

Invention Assignment Agreement

An England & Wales legal document transferring invention ownership and ensuring compliance with intellectual property laws.

find out more

International Assignment Agreement

An England & Wales legal document outlining terms for international employee assignments and compliance across jurisdictions.

find out more

Employee Equipment Assignment Form

An England & Wales document verifying completion of training, meeting industry standards and professional development requirements.

find out more

Domain Name Assignment Agreement

An England & Wales legal document certifying the substantial completion of contractual obligations, triggering final payments and warranties.

find out more

Debt Assumption Agreement

An English law document transferring debt obligations between parties, detailing terms and creditor arrangements.

find out more

Copyright Assignment Form

An England & Wales legal document confirming substantial completion of construction works, triggering key contractual obligations.

find out more

Collateral Assignment Of Lease Form

An England & Wales document confirming construction works' readiness for use, triggering key contractual obligations.

find out more

Collateral Assignment Of Beneficial Interest

An England & Wales legal document confirming completion of service obligations and triggering related contractual milestones.

find out more

Collateral Assignment Mortgage

An England & Wales legal document marking substantial project completion, triggering retention release and defects liability period.

find out more

Collateral Assignment Form

A legal document assigning rights of a life insurance policy to a lender as collateral for a loan.

find out more

Collateral Assignment

A legal document assigning rights to collateral as security for a loan or obligation.

find out more

Business Lease Transfer Agreement

An England & Wales legal document authorizing delegated authority for specific actions or powers in formal situations.

find out more

Assignment Of Shares

An England & Wales document delegating authority for business transactions and regulatory compliance under Companies Act 2006.

find out more

Assignment Of Security Agreement

An England & Wales legal notice demanding cessation of non-compete violations by a former employee or contractor.

find out more

Assignment Of Rights Form

An England & Wales legal document warning landlords of tenant rights violations and demanding compliance.

find out more

Assignment Of Rent Form

An England & Wales legal notice demanding cessation of unlawful debt collection practices by an agency.

find out more

Assignment Of Proprietary Lease Form

An England & Wales legal notice demanding cessation of unauthorized use of copyrighted material.

find out more

Assignment Of Management Agreement

An England & Wales legal notice addressing a contract breach, demanding corrective action within a specified timeframe.

find out more

Assignment Of LLC Interest Form

An England & Wales document falsely claiming legal authority to intimidate or coerce compliance through deception.

find out more

Assignment Of Limited Partnership Interest

An England & Wales legal document demanding cessation of unauthorized domain name use infringing trademark rights.

find out more

Assignment Of Leases And Rents Form

An England & Wales legal notice demanding cessation of unauthorized trademark use and outlining potential legal actions.

find out more

Assignment Of Lease Form

An England & Wales legal notice demanding cessation of contract interference and outlining potential damages and legal consequences.

find out more

Assignment Of Debt Agreement

An English legal document transferring debt obligations, detailing terms, warranties, and compliance with relevant laws.

find out more

Assignment Of Commercial Lease Form

An England & Wales legal document demanding cessation of harassment from individuals with narcissistic traits.

find out more

Assignment And Sublease

An England & Wales legal notice addressing non-compete breaches, demanding compliance and outlining potential legal actions.

find out more
See more related templates

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it