The Assignment Of Right As Per The Egyptian Law

The Egyptian Civil Law regulated the assignment of right under the articles nos. 303,304,305,306,307,308,309,310,311,312,313,314.

The Definition of the Assignment

The assignment of right is a contract by which the creditor assigns his right to a third party who shall replace the original creditor, so the assignee shall take the place of the assignor and the latter is not entitled to fulfill the assigned right from the debtor.

"Muhammad Azmi Albakri, a head of the court of appeal Doctrine and Jurisprudence series in civil law, volume V, page no. 298"

Article 303 of the Egyptian Civil Law states that:

"A creditor may assign his right to a third party, provided that the assignment is not prohibited by the provision of the law or an agreement between the parties or by its nature. The assignment shall be valid without the consent of the debtor"