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| | law.com - Decision |
 | | AFS seeks to justify its contractual arrangements with the tenants under standard principles of assignment law, which recognize the legality of assigning both existing and potential choses in action, so long as the causes of action survive the death of the assignor. |
 | | In short, the Assignments, which were purchased with contingent consideration, gave AFS effective control over discovery and design of lawsuits, of which the assignor had no knowledge, without requiring, upon discovery, a renewed consent from the real party in interest before proceeding with litigation. |
 | | The majority thus rejects California law, the law chosen by AFS and the tenants to govern the application and validity of the assignments. |
| www.law.com /jsp/decisionstate.jsp?id=1024079067815 (6700 words) |
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