Monthly Archives: February 2012

Anti-Assignment Clauses; Are LLC Operating Agreements Different From Other Contracts?

In a little noticed case reported on December 19, 2011, Condo v. Conners, the Colorado Supreme Court issued a decision on a common contract drafting problem – the effect of an anti-assignment clause. Historically, when contracting parties wanted to prohibit each other from assigning the contract, a lawyer would include language reading something like: “A party [...]

By | 2016-12-21T05:18:18+00:00 February 22nd, 2012|Uncategorized|Comments Off on Anti-Assignment Clauses; Are LLC Operating Agreements Different From Other Contracts?