Lorietta, an heiress worth millions of dollars, signs a will, leaving all her property to her granddaughter Nicole. Nicole is counting on this inheritance and planned for the future. She has already assigned part of her inheritance to her Fiance to pay for the wedding. She also plans to assign a part of her inheritance to charity in the future.

What is assignment of future right?

Does her Fiance or the charity have the right to sue the trust or Nicole for the assignment of future right in this instance?

On January 1st Justin Bieber enters into a contract with Donald Trump to purchase a house from him for $1 million. The closing date is set for February 14th, 2015. On February 14th, Justin bring the money to the closing, but Mr Trump does not appear at the closing and thereafter refuses to sell the house to Justin.Instead of selling the house Donald Trump holds a concert, Justin refuses to perform.

Can Justin bring an action of specific performance against Donald?

Can Donald compel Justin to perform?

"Time is of the Essence" Contract

How to apply, and what effects in contract "time is of the essence" contract clause.

Assignment Overview