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Woodstock Soapstone Co. v. Carleton, 133 N.H. 809 (1991)

Citation
Woodstock Soapstone Co. v. Carleton, 133 N.H. 809 (1991)
Parent Document
Woodstock Soapstone Co. v. Carleton, 133 N.H. 809 (1991)
Jurisdiction
New Hampshire (state)
Effective Date
1991-01-28
Original Source
https://www.courtlistener.com/opinion/8090733/woodstock-soapstone-co-v-carleton/ ↗

Other Sections in This Document (33)

Full Text

429 chars 
The specific question to be addressed is whether Carleton could properly raise the defense that the assignment of the option, as between Life Sciences and Woodstock, was invalid. It is generally recognized that an obligor may raise only such defenses against an assignee of the obligation as it would have had against the assignor, at the time of the assignment. See Restatement (Second) of Contracts § 336(1), (2), at 67 (1981).