The third edition of this invaluable guide covers the application and practice of the law of set-off in over 30 jurisdictions spanning Europe, Asia and the Americas.
Written by leading experts from around the word, each chapter explains the principles of the law of set-off in the jurisdiction concerned, and provides a comparative guide for banking and finance lawyers wishing to establish the pitfalls of set-off in a foreign jurisdiction
For this new edition every chapter has been updated to contain new material specifically devoted to cross border aspects, including analysis of choice of law issues..
Fully updated legal analysis is also provided, with an emphasis on how set-off may be used as security and the application of insolvency set-off: taking into account new legal developments in the various jurisdictions and reflecting recent changes to legislation in the financial sector relating to bank and other financial firm resolution.
William Johnston is a Consultant at Arthur Cox, having been a partner in the firm for 30 years. He has extensive expertise in all aspects of security law for financing and banking facilities and is a former chair of the Banking Law Division of the International Bar Association. He is currently a member of the Company Law Review Group and external examiner in Banking Law for the Law Society. PD Dr. Thomas Werlen is the Managing Partner of the Zurich office of Quinn Emanuel Urquhart & Sullivan. His practice focuses on white collar and corporate investigations as well as on cross-border litigation, international arbitration and complex financial disputes. Thomas Werlen has gathered unique experience at the highest levels in international law firms in the UK and the US, in addition to serving as Group General Counsel and Member of the Executive Committee for global pharma company Novartis. He lectures on capital markets law and corporate governance at the University of St. Gallen where he is the Co-Director of the Executive Master of Business Law Program. Frederick Link is a top-level executive with unique experience in banking and financial markets and in law. He served for 10 years on the Executive Committee of EFG International AG, a global private banking and asset management group headquartered in Zurich, holding the position of Chief Risk Officer and, previously, Group General Counsel.
1: Cecelia M. Mairal, Pablo Gayol: Argentina 2: Ian Paterson: Australia 3: Dr Stefan Tiefenthaler: Austria 4: Marc Vermylen: Belgium 5: Tiago A. D. Themudo Lessa: Brazil 6: Ruth Wahl: Canada 7: Marcelo Armas M.: Chile 8: Chong Liew: China 9: Dr Dana Schweigelova: Czech Republic 10: Kim Rasmussen: Denmark 11: Richard Tredgett: England 12: Tarja Wist: Finland 13: Olivier Hubert: France 14: Dr Hendrik Haag: Germany 15: Richard Mckeown: Hong Kong 16: William Johnston: Ireland 17: Lisa Curran: Italy 18: Akihiro Wani: Japan 19: Henri Wagner: Luxembourg 20: Pablo Perezalonso: Mexico 21: Pim Rank, Larissa Silverentand: The Netherlands 22: Jonathan Ross: New Zealand 23: Ewa Butkiewicz, Michal Barlowski: Poland 24: Tiago Ferreira de Lemos: Portugal 25: Bryan Jardine: Romania 26: Elena Tchoubykina: Russia 27: Andrew Chan: Singapore 28: Johann Scholtz, Dawid de Villiers: South Africa 29: Suhn-Kyong Hong, Seong Koo-Cheong: South Korea 30: Antonio Herrera: Spain 31: Zoran Stambolovski: Sweden 32: Jurg Frick: Switzerland 33: Asli Basgoz: Turkey 34: Joshua Cohn: USA