| The very essence of a specific charge is that the assignee takes possession, and is the person entitled to receive the book debts at once. |
| I therefore find that the assignment was valid and the assignee could sue in its own name. |
| The creditors may appoint a committee to assist the assignee in the exercise of his functions. |
| The procedures set in place should ensure that the payment is made only to the claimant, to his bank account or to his assignee. |
| There are now but two men in Court who saw the paper executed, namely, the assignor and the assignee. |
| Assignment results in the transfer from the assignor to the third-party assignee of the right to proceed directly against the debtor or obligor. |
