Continue reading "Debt: Call it quits"
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Debt: Call it quits
Jonathan Arr explores recent decisions in the area of set-off ‘Certain types of set-off (including equitable set-off) can be usedot only as a defence to a claim, but also, even where litigation isot in view, to reduce or eliminate monies owed to another party.’In his classic treatise on set-off, Rory Derhamotes that this area of …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Bank of Boston Connecticut v European Grain and Shipping Ltd (The Dominique) [1989] AC 1056
- Fearns t/a Autopaint International v Anglo-Dutch Paint & Chemical Company Limited & ors [2010] EWHC 2366 (Ch)
- Federal Commerce & Navigation Co Ltd v Molena Alpha Inc (the Nanfri) [1978] 2 QB 927; [1979] AC 757
- Geldof Metaalconstructie NV v Simon Carves Limited [2010] EWCA Civ 667
- Hanak v Green [1958] 2 QB 9
- Rawson v Samuel (1841) Cr & Ph 161, 41