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Assignee Assignment Prior Priority Multiple Contract Rights Subsequent

Front Multiple assignments of contract rights
Back
Subsequent assignment revokes any prior revocable assignment.

If first assignment was an irrevocable, then the first assignee has priority.

But if second assignee is a BFP for value without notice of the first assignment, then whoever gets payment or judgment first has priority.

If the second assignee knows about a prior assignment, then he is estopped from asserting a claim over the other assignee.

Tags: contracts

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