Derham on the Law of Set Off

Abstract This volume has established itself as a leading authority in this developing area of law. Written thirteen years after the last edition, this new edition brings the book fully up to date considering the enactment of the Insolvency (England and Wales) Rules 2016, and continued developments in the case law. As in the previous editions, the book considers the principles of set-off from both an English and an Australian perspective. There have been some significant decisions by the Supreme Court, including Re Kaupthing Singer [2012] in relation to the rule in Cherry v Boultbee, Belmont Park Investments v BNY Corporate Trustee Services [2012] 1 AC 383 regarding fraud on the insolvency law, and Re Nortel GmbH [2014] AC 209 in relation to contingent statutory debts. In the Court of Appeal, Geldof Metaalconstructie v Simon Carves [2010] 4 All ER 847 was a significant decision in relation to equitable set-off. The book provides an authoritative commentary on the principles governing the law of set-off and is an essential guide for banking, finance, and insolvency lawyers worldwide.