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Article 1323 of the French Civil Code

As between the parties, the transfer of the claim, present or future, takes place on the date of the deed. It may be relied on as against third parties from that moment. In the event of a dispute, proof of the date of the transfer lies with the assignee, who may prove it by any means. .

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Article 1324 of the French Civil Code

The assignment may only be set up against the debtor, if he has not already consented to it, if he has been notified of it or if he has taken note of it. The debtor may raise against the assignee the defences inherent in the debt, such as nullity, the defence of non-performance, resolution or set-off of related debts. He may also raise defences arising from his dealings with the…

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Article 1326 of the French Civil Code

A person who assigns a claim for consideration guarantees the existence of the claim and its accessories, unless the assignee acquired it at his own risk or knew of the uncertain nature of the claim. He is liable for the debtor’s solvency only when he has undertaken to do so, and up to the amount of the price he was able to obtain from the assignment of his claim. Where…

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Article 1328 of the French Civil Code

The substituted debtor, and the original debtor if he remains liable, may raise against the creditor the defences inherent in the debt, such as nullity, the defence of non-performance, resolution or set-off of related debts. Each party may also raise exceptions that are personal to him.

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Article 1328-1 of the French Civil Code

Where the original debtor is not discharged by the creditor, the security interests survive. Otherwise, the securities granted by the original debtor or by third parties only survive with their agreement. If the assignor is discharged, his joint and several co-debtors remain liable after deducting their share of the debt.

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