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Simple English definitions for legal terms

naked assignment

Read a random definition: lex rei sitae

A quick definition of naked assignment:

A naked assignment is when someone transfers their rights or property to someone else, but they don't have any interest left in it. It's like giving away something without getting anything in return. This type of assignment is often not recognized by courts because it doesn't have any value. It's important to make sure that any assignment you make is done properly and for a good reason.

A more thorough explanation:

A naked assignment is a transfer of a company's trademark separately from the goodwill of the business. It is also known as an assignment in gross. Courts often hold that such an assignment passes nothing of value to the transferee.

For example, if a company sells its trademark to another company without selling the business itself, the trademark may not have any value without the goodwill of the business. This means that the transferee may not have any rights to use the trademark.

Another example of a naked assignment is when a welfare recipient surrenders their rights to child support in favor of the state as a condition of receiving governmental financial assistance. In this case, the recipient gives up their right to receive child support payments, and the state takes over the responsibility of collecting the payments.

Overall, a naked assignment is a transfer of a property or right that may not have any value without other associated assets or rights.

naked | naked authority

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shaquilleoatmeal
10:36
i probs go over board w health, do a vitamin deficiency and nutrient level test quarterly
shaquilleoatmeal
10:36
which i highly recommend because youll know what to feed your body better
10:36
@shaquilleoatmeal: was anything surprising when u first had it done? ie way out of line?
Reading an intelligence brief I just learned of a terror group that goes by MILF the Moro Islamic Liberation Front.
JumpySubsequentDolphin
10:38
I’m severely vitamin d deficient
JumpySubsequentDolphin
10:38
I’m also anemic but I don’t take my iron bc it hurts my stomach
When in southeast Asia be careful of a MILF attack lmfao
GreyCeaselessMammoth
10:38
jumpy how are you vitamin d deficient? just go outside
shaquilleoatmeal
10:40
@llama: yea my vitamin k levels were wack, its normal after focusing on it but wouldnt have known otherwise
texaslawhopefully
10:40
I think it’s really easy to be vitamin D deficient, I’m perpetually vitamin D deficient too
shaquilleoatmeal
10:40
@JumpySubsequentDolphin: go buy this rn https://luckyironlife.com/?srsltid=AfmBOopcbDKFQGvh4KZ_nbX2zDqQNiXhVLGMqa27SRB-aW6oIepipKGz
another week without NYU DLS :(
PuppyBot
10:41
i am also vitamin d deficient its really common in more tan people
PuppyBot
10:41
i also have high cholesterol
GreyCeaselessMammoth
10:41
oh that's interesting, is your skin more resistant to the sun??
JumpySubsequentDolphin
10:42
@GreyCeaselessMammoth: there isn’t much sun here ☹️
10:42
shaq is rite, gotta stay on top if this shit.
PuppyBot
10:42
pigmentation reduces vitamin D production in the skin
JumpySubsequentDolphin
10:42
also yeah Arabs are like perpetually vit d deficient. we get those big bulk pill bottles for everyone in my family
GreyCeaselessMammoth
10:43
that's so interesting, i have a lot of arab family but i haven't heard of that
GreyCeaselessMammoth
10:43
i guess it makes sense
JumpySubsequentDolphin
10:43
@shaquilleoatmeal: I still think that would hurt my stomach
lilypadfrog
10:43
@shaquilleoatmeal: quarterly is crazy I haven’t gotten a physical in over three years
PuppyBot
10:43
median vitamin D intakes of American blacks are below recommended intakes in every age group, with or without the inclusion of vitamin D from supplements.
JumpySubsequentDolphin
10:43
@GreyCeaselessMammoth: NO WAY!! from where mammoth
GreyCeaselessMammoth
10:44
egypt! wa usratik mineyn?
indian people are also vitamin d deficient lolol
cumsock
10:44
i want a burgerrrrrrrrrr cheesy burger double patty bacon pickles
10:44
i am vitamin d deficient lol
PuppyBot
10:44
no pickles
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