As in the previous editions, the book delves into the principles of set-off from both English and Australian perspectives, providing a robust understanding of the field. New coverage includes analysis of 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] in relation to fraud on the insolvency law, and Re Nortel GmbH [2014] in relation to contingent statutory debts. The significant impact of Geldof Metaalconstructie v Simon Carves [2010] on equitable set-off is also considered.
The book provides an authoritative commentary on the principles governing the law of set-off and is an essential purchase for banking, finance, and insolvency lawyers worldwide.