Summary

Portrait of John Marshall John Marshall Brashear v. West — Opinion of the Court

II. The assignment of the debt due from Brashear to West being valid in equity, has Brashear a right to set off, in equity, against judgments obtained for the use of the assignees, in the name of West, his claims against West for the money paid to Anderson, and for the money received on Bush's claim? The question, whether he might have availed himself of these off-sets at law, does not now arise. Can he avail himself of them as plaintiff in equity? That a chose in action is assignable in equity, is not controverted. Equity will protect and enforce the assignment.
Source: Wikisource

Portrait of John Marshall John Marshall Brashear v. West — Opinion of the Court

In England, such an assignment could not be supported, because it is, by law, an act of bankruptcy, and the law takes possession of a bankrupt's estate and disposes of it. But in the United States, where no bankrupt law exists for setting aside a deed honestly made for transferring the whole of a debtor's estate, for the payment of his debts, the preference given in this deed to favored creditors, though liable to abuse, and perhaps, to serious objections, is the exercise of a power resulting from the ownership of property, which the law has not yet restrained; it cannot be treated as a fraud.
Source: Wikisource

Portrait of John Marshall John Marshall Brashear v. West — Opinion of the Court

To deprive a party of the fruits of a judgment at law, it must be against conscience that he should enjoy them; the party complaining must show that he has more equity than the party in whose favor the law has decided. This cannot be done in a case like the present, unless the equity of the debtor accrued before notice of the assignment. The right to these discounts, then, depends on the fact of notice.
The assignment was made on the 21st of April 1807. In September 1808, Brashear became special bail for West, in a suit instituted by George Anderson.
Source: Wikisource

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