An”anti-assignment” clause can be the death knell of any deal involving the sale or purchase of a manufacturing company.  You might ask:  what is an anti-assignment clause?  Here is the typical language that is often buried at the end of many types of contracts, including those with your suppliers and customers:

Seller shall not assign

Last week, I had the pleasure of attending our law firm’s 6th Annual Environmental & Energy Issues Summit in Newport, Rhode Island.  Robinson+Cole’s Environmental and Energy Issues Summit brings industry leaders together to discuss topics and regulatory updates relevant to environmental and energy professionals.  This year’s program included subjects such as “Plant Closures, Temporary Employees,