Jambalaya Anyone !
Jambalaya is a French word that meaning ' all jumbled up ' or ' all mixed up '
I believe one should look at this problem in a simple manner because it is truly self explanatory. No need for Jambalaya. !
If the assets of (A) is contracted to (B) who substantially transfers them to (C) ; then all 3 parties are in a binding contract. Call them by any name you want, owner, vendor, agent or whatever, it matters very little because the law looks to intent.
The above contract can not be terminated by (A) alone, especially if (B) has partial ownership or future payments from the contract. At minimum (C) would also have to agree to terminate the contract.
Even a simpleton can see that if (A) & (B) enter into a contract; the contract does not get terminated because entity (A) decides to sulk, pack up his marbles and takes them home.
Maybe I miss read those NORD self explanatory documents; but I do not recall seeing such simpleton points of law being articulated.
Maybe I missed something………….but then again….. I did not attend modeling school.