New York designated LHP Clay Rapada for assignment to make room for Overbay, whose contract was selected from the minors.
WSJ: A host of new faces as Red Sox-Yankees open season
In California, once the contract is signed, the assignee has 30 days to send out written notice of the assignment to the company's creditors.
ENGADGET: OnLive's alternative to bankruptcy: just what is an Assignment for the Benefit of Creditors?
As part of a contract to protect American diplomats and other employees worldwide, the State Department hired Blackwater for a multiyear assignment in Iraq, renewable each year.
CNN: Official: U.S. will not renew Iraq contract with Blackwater
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