Coleman & Burden Co. v. Rice

1. Sections 2710 and 2711 of the Civil Code, which provide that no assignment shall be set aside except in a direct proceeding for that purpose, to which the assignee and assignor shall be parties, refer to such assignments as are made under the act of 1894, the law relating to which is codified in sections 2698 et seq. of the Civil Code.

■2. An assignment or transfer by a debtor, insolvent at the time, of any kind or character of property, when any trust or benefit is reserved to the assignor, is fraudulent and void. Civil Code, §2695 (1). Being void, such transferor assignment may be…