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'Consent to Assignment' Clauses Held 'Unenforceable by CA Court

Whether a policy's anti-assignment clause will void a transfer of insurance proceeds or coverage rights, by contract or operation of law, usually requires an analysis of whether the predecessor corporation is an insured under the policy; whether the predecessor corporation still exists; whether the successor corporation succeeded to the predecessor's liabilities; and more.

44 minute read November 30, 2015 at 11:00 PM
By
Sherilyn Pastor
'Consent to Assignment' Clauses Held 'Unenforceable by CA Court

Coverage disputes often arise regarding corporate successors' and assignees' rights under others' insurance policies. Most insurance policies contain anti-assignment provisions, purporting to prohibit the assignment of interests in the policy without the insurer's consent.

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