Assignment of Contract - Industrial and Friendly Societies

Assignment of Contract - Industrial and Friendly Societies
Stansell Ltd and another v Co-operative Group (CWS) Ltd [2006]
EWCA Civ 538
CA
9 May 2006
Daily Law Notes Report Summary
The language of s 51 of the Industrial and Provident Societies Act
1965, enabling one registered society to transfer to another its
engagements and assets by special resolution so as to vest the
transferor's property without formal conveyance or assignment, was
broad enough to include the benefit of a building contract entered
into by the transferor society even though the contract prohibited
assignment.