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International Payment Obligations: A Legal Perspective

Charles ProctorSolicitor of the Supreme Court, England and Wales, and Partner, Norton Rose

ISBN13: 9780406894236
ISBN: 040689423X
Published: July 1997
Publisher: LexisNexis Butterworths
Country of Publication: UK
Format: Hardback
Price: Out of print

"" All international transactions include a payment obligation. This book provides a general overview of the manner in which the English courts will examine and dissect a case involving a cross-border financial obligation.The book covers the interpretation, performance and discharge of international payment obligations and considers the impact of international law on payment obligations. It provides the reader with readily accessible commentary on the various legal issues which require consideration in a cross-border context and this is contained in a single volume, for ease of use.Answering a wide range of cross-border questions, this is an ideal guide to financial obligations accessible to those who do not deal in the area regularly.""

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""Part I - The applicable law: Introduction. Ascertaining the applicable law. Content and scope of the applicable law. Limitations on the applicable law. Classification of issues. Part II - Interpretation, performance and discharge of international financial obligations: Introduction. Interpretation of financial obligations. Performance of financial obligations. Frustrations of financial obligations. Frustration of financial obligations. Public policy and payment obligations. Breach and payment obligations. Part III - International law and payment obligations: Introduction. Exchange controls and payment obligations. Public laws and payment obligations. Expropriation and payment obligations. Sanctions and payment obligations. Treaties and payment obligations. Monetary union and payment obligations. Part IV - Particular obligors: Introduction. Individuals. Corporations. States. International organisations. Part V - Particular obligations: Introduction. The banker-customer contract. Payment guarantees. Negotiable intruments. Letters of credit. Assignments. Appendix. Index.""