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Set-Off in Arbitration and Commercial Transactions (Hardcover)
Loot Price: R10,055
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Set-Off in Arbitration and Commercial Transactions (Hardcover)
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This book considers the issues involved in international commercial
disputes where set-off has been used. Most such disputes are
conducted through arbitration so the focus of this book is on the
effect of arbitration proceedings on set-off claims.
The book considers the important institutional rules of arbitration
procedure such as the Swiss Rules, the CNUDCI, the ICC rules and
others. It covers in some detail the various possible solutions to
the issue of applicable law under national and supra-national law.
Included in this discussion is an analysis of the Rome I
Regulation, the CISG, and the UNIDROIT Principles contained in the
PICC and PECL.
There is full consideration of the other relevant matters including
enforceability, currency issues, and burden of proof. The last
section of the book analyses the position of set off in insolvency,
including a general comparative look at the situation in common and
civil law, and concluding with an explanation of the effect of the
European Regulation on Insolvency Proceedings.
Set-off is a commonly used but complex device used to avoid the
cumbersome transfer of money in international commercial
transactions. The situation is made even more complex when disputes
arise bringing issues of applicable law and jurisdiction. This book
raises the potential issues and analyses the probable solutions
with reference to national and international laws and arbitral
rules. It will assist common law practitioners with practical
solutions under major civil law jurisdictions and vice versa.
General
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