An assignment made for the benefit of all the assignor’s creditors, instead of a few only; or one which transfers the whole of his estate to the assignee, instead of a part only. Royer Wheel Co. v. Fielding, 101 N. Y. 504. 5 N. E. 431; Halsey v. Connell, 111 Ala. 221, 20 South. 445; Mussey v. Noyes, 26 Vt. 471.
Written and fact checked by The Law Dictionary