Is Paying Wages In Bitcoin Illegal In California?

There was a lot of news last week about Assembly Bill 129, which some described as a bill to “legalize bitcoin in California.” Governor Brown signed AB 129 into law on June 26, 2014. Basically, AB 129 repeals an …

What Is An “Asset” Under The Uniform Fraudulent Transfer Act?

Occasionally, a debtor will give away all of his assets in an attempt to make himself “judgment proof” thus thwarting the creditor’s recovery. These are called “fraudulent transfers” and they are illegal. In California, fraudulently transferring assets can even be …