1 Introduction

Author(s):  
Johnston William ◽  
Werlen Thomas ◽  
Link Frederick

This book discusses the law of set-off in thirty-four jurisdictions and the different approaches used to deal with the right of set-off where parties are solvent, where a party is insolvent and where parties operate across borders. Set-off refers to the right to reduce or fully discharge a monetary obligation owed by a debtor against a claim owed to the debtor such that only the balance remains. The right to set-off may arise due to a contractual arrangement between the parties or by the operation of law, including insolvency or bankruptcy laws. Set-off has emerged as an important tool in the negotiation of financial and commercial contracts and in dispute resolution. This introduction provides an overview of set-off, with a particular focus on set-off between solvent parties and set-off against insolvent parties. It also considers conflict of laws and cross-border issues arising in set-off against solvent parties and insolvent parties.

Author(s):  
Armas M Marcelo

This chapter examines the law of set-off in Chile, both before and after insolvency, as well as the alternatives for contractual set-off structures that may be agreed among two or more parties. In Chile, set-off was created as a legal concept primarily on the basis of practical considerations rather than juridical principles. The right to set-off may arise due to a contractual arrangement between the parties or by the operation of law, including the Chilean Civil Code. The chapter first considers set-off in Chile outside insolvency, focusing on set-off by operation of law and contractual set-off, before discussing set-off in insolvency. In particular, it explains the implications of a declaration of liquidation under Chilean Bankruptcy Law and its possible consequences for set-off rights. It also analyses issues arising in cross-border set-off.


Author(s):  
V.C. Govindaraj

In deciding cases of private international law or conflict of laws, as it is widely known, judges of the Supreme Court in India generally consult the works of renowned English jurists like Dicey and Cheshire. This volume argues that our country should have its own system of resolving inter-territorial issues with cross-border implications. The author critically analyses cases covering areas such as the law of obligations, the law of persons, the law of property, foreign judgments, and foreign arbitral awards. The author provides his perspectives on the application of law in each case. The idea is to find out where the judges went wrong in deciding cases of private international law, so that corrective measures can be taken in future to resolve disputes involving complex, extra-territorial issues.


Author(s):  
Liew Chin-Chong ◽  
Zhou Ying

This chapter examines the applicability of the law of set-off in China in cases involving solvent parties and against a party subject to a bankruptcy proceeding. It first explains statutory set-off under the Chinese Contract Law and contractual set-off between solvent parties before discussing set-off against insolvent parties, focusing on the relevant provisions of the Bankruptcy Law and requirements for insolvency set-off. It also considers the procedures for exercising the right to insolvency set-off, set-off right in the context of close-out netting in cross-border over-the-counter (OTC) derivatives transactions, restrictions on unfair preference for creditors and set-off, restrictions on banks' set-off rights against deposits, and set-off vis-a-vis clearing houses. The chapter concludes with an analysis of cross-border issues arising in set-off between solvent parties and against insolvent parties.


Lex Russica ◽  
2019 ◽  
pp. 18-29
Author(s):  
G. K. Dmitrieva ◽  
O. V. Lutkova

The article has investigated the mechanisms of the national (both legal and non-legal) regulation of orphan works, i.e. works the holder (holders) of rights to which is (are) not identified and/or the location of the rights-holder is not established. Orphan works are supposedly protected by copyright, which means the validity of exclusive rights and the potential need to obtain permission from the copyright holder for any form of using the works under consideration, namely: reproduction including digitization, translation, processing, etc. However, in a situation where the right holder is not determined (is unavailable), the user does not have an objective opportunity to obtain such a permission, and the work actually remains unknown to the society, although it can be of artistic, cultural or historical value. Since the beginning of the new millennium, the national legal systems of a number of States have establish a special regime for the legal protection of orphan works, and about 20 states of the world have developed the foundations of such a regime so far. The article analyzes the regulation of orphan works in several states — in the EU and its member states, Great Britain, the USA, Canada, Korea, Japan, India. The authors have determined the foundations of the substantive and conflict of laws regulation of cross-border relations regulating orphan works. Features of regulation of works with an unidentified author in the era of a network society are highlighted: in particular, the need to digitize orphan works, since many of them are in a single copy on the medium ruined by time, and the fact that the digitized work can instantly spread from databases to other jurisdictions. The authors provide for the forecast of possible ways of evolution of legal regulation of relations in question with the use of mechanisms of national and international law.


2021 ◽  
Vol 4 (1) ◽  
pp. 1-11
Author(s):  
Agusniar Basoddin ◽  
Yulia A. Hasan ◽  
Zulkifli Makkawaru

Penelitian ini bertujuan untuk mengidentifikasi tentang status harta pada perkawinan siri dan penyelesaian sengketa harta kekayaan pada perkawinan siri. Penelitian ini menggunakan metode kualitatif, yang bersumber dari data responden, pembagian angket dan wawancara serta  bahan-bahan dari pustaka yang berlaku dan berkaitan dengan status harta kekayaan pada perkawinan siri yang terjadi di Dusun Taipalampang Kecamatan Bontoramba Kabupaten Jeneponto. Hasil penelitian ini menunjukkan bahwa fenomena perkawinan siri yang terjadi pada Dusun Taipalampang bisa menimbulkan  berbagai macam permasalahan dari aspek hukum dan lingkungan masyarakat. Perkawinan siri menurut Pasal 2 ayat (1) Undang-Undang Perkawinan No 1 Tahun 1974, perkawinan yang  sah adalah perkawinan yang dilakukan menurut hukumnya masing-masing agama dan kepercayaannya. Pada pasal tersebut undang-undang perkawinan menyerahkan syarat sahnya perkawinan dilihat dari sudut agama. pada perkawinan siri terdapat cacat administrasi karena pada pasal 2 ayat (2) UUP  dijelaskan bahwa tiap-tiap perkawinan dicatat menurut peraturan perundang-undangan yang berlaku sehingga apabila terjadi permasalahan pada sengketa perkawinan dapat diselesaikan dengan berdasarkan hukum yang berlaku. Diketahui bahwa pencatatan perkawinan merupakan salah satu bukti konkrit yang dapat digunakan untuk membuktikan apakah benar telah terjadi perkawinan, dengan adanya pencatatan juga memudahkan Pengadilan Agama menyelesaikan sengketa harta kekayaan apabila terjadi perceraian. Karena pada perkawinan siri tersebut sulit untuk menentukan status harta kekayaan dalam hukum apabila perkawinan tidak tercatat. This study aims to identify the status of property in unregistered marriage “nikah siri” and dispute resolution property on the unregistered marriage. This study uses a qualitative method, which is sourced from the data of respondents, the distribution of questionnaires and interviews as well as materials from the literature, which are valid and related to the status of property on unregistered marriage that happens in Taipalampang, Bontoramba District, Jeneponto Regency. The results of this study show that the phenomenon of “nikah siri” which happens in Taipalampang can cause a variety of problems from the aspect of law and society. Unregistered marriage, according to Article 2, paragraph (1) of the Marriage Law No. 1 Year 1974, a legal marriage is a marriage conducted according to the law of each religion and beliefs. In the chapter of the laws of marriage handed over the terms of the validity of a marriage is seen from the angle of religion. On Unregistered marriage, there are defects in administration because article 2, paragraph (2) UUP explains that every marriage is recorded according to the laws and regulations that apply so that in case of problems in a marital dispute can be resolved with the under applicable law. Be aware that the registration of marriage is one of the concrete pieces of evidence that can be used to prove whether the right has occurred to the marriage, with the recording also facilitating Religious Court resolve the dispute assets if they divorce. Because ‘nikah siri” is difficult to determine the status of the assets in the law if the marriage is unregistered.


2020 ◽  
Vol 1 (2) ◽  
pp. 67-71
Author(s):  
I Gede Mahendra Juliana Adiputra ◽  
Ida Ayu Putu Widiati ◽  
Ni Made Puspasutari Ujianti

The existence of competition causes the original brand owner to feel disadvantaged because the sales result has decreased. It is permissible for someone to use another party's mark as long as they ask permission from the trademark owner first. The owner can give trademark rights to other people as agreed in an agreement. The formulation of the problem in this research is as follows: how is the legal protection of trademark rights and how to resolve violations of trademark rights. The research method used in this research is normative legal research. The results of the discussion in this study are as follows: Legal protection of the right to a trademark has been regulated by Law Number 20 of 2016 concerning Trademarks and Geographical Indications, in the provisions of the Law it is expressly stated that if it has been registered in the law that the right to a trademark has been protected. The sanction imposed on the perpetrator of the crime of trademark rights is a fine of Rp. 20,000,000, - (twenty million rupiah) on condition that if the fine is not paid, he will be subject to imprisonment for 6 (six) months. Settlement of trademark cases can be carried out through institutions that can be used to resolve trademark disputes, including: Alternative Dispute Resolution, Arbitration and Courts. Alternative dispute resolution wants the disputing parties to resolve their own dispute with the aim of obtaining a mutual agreement, if the agreement fails, can take arbitration, namely the disputing parties to be able to resolve the dispute to the arbitration institution based on the agreement, furthermore, if the arbitration is successful the last action is through the court, namely the commercial court which has the authority to adjudicate trademark disputes.


2021 ◽  
Vol 59 (3) ◽  
pp. 227-267
Author(s):  
Dragan Vujisić ◽  
Milan Rapajić

The authors point to the plurality of forms of consumer protection. Private law form of consumer protection is individual protection in civil proceedings. The protection of the collective interests of consumers in most European legal systems is achieved through litigation. The Consumer Protection Act entrusts the protection of the collective interests of consumers to administrative bodies, which is realized in administrative proceedings, whose rules are characterized by considerable differences in relation to the rules provided by the Law on General Administrative Procedure. A significant unit is dedicated to the mechanism of alternative dispute resolution, especially arbitration and mediation. The shortcomings of the Law on Consumer Protection regarding certain contradictory provisions are pointed out. The legislator stimulates alternative dispute resolution, and on the other hand stipulates that contracting one of these methods does not affect the right to judicial protection. The paper also analyses the inspection.


Author(s):  
Stambolovski Zoran

This chapter discusses the law of set-off in Sweden. Set-off in Sweden has developed through case law and legal commentary although legislation has been considered necessary in certain areas such as bankruptcy. The legal landscape of set-off can be divided into two sets of principles, those applying outside bankruptcy and those applying in bankruptcy. The chapter first considers set-off between solvent parties, focusing on set-off after a transfer of the principal claim, contractual arrangements, and set-off as security interests. It then examines set-off against insolvent parties, with emphasis on restrictions regarding the right of set-off in bankruptcy, recovery of set-off effected before bankruptcy, and close-out netting. It also analyses cross-border issues with respect to applicable law for set-off outside bankruptcy, applicable law for set-off in bankruptcy, and the conditions for cross-border set-off under Swedish law.


Author(s):  
Hong Suhn-Kyoung ◽  
Cheong Seong-Koo

This chapter discusses the law of set-off in South Korea, along with certain restrictions on the exercise of the right of set-off in insolvency proceedings. The legal framework for set-off in South Korea is based on the Civil Code. The courts have also generally supported set-off as a means of satisfying a claim or discharging debt. The Korean Private International Law does not expressly lay down the governing law for set-off. This governing law issue is commonly discussed under two scenarios: set-off is undertaken on the basis of a set-off agreement between the parties; and set-off is undertaken in the absence of an agreement. The chapter first considers the governing law of contractual and non-contractual set-off in South Korea before turning to set-off between solvent parties and set-off against insolvent parties. It also analyses issues arising in cross-border set-off.


Author(s):  
Wahl Ruth I
Keyword(s):  
The Law ◽  

This chapter discusses the law of set-off in Canada both outside and within insolvency. The law relating to set-off is very similar throughout Canada's provinces except Quebec. Set-off is thus a matter of provincial law in general and determining whether a set-off claim is valid and enforceable will depend on the law of the province where such claim is being asserted. The chapter first provides an overview of set-off between solvent parties in Canada, focusing on legal set-off, equitable set-off, statutory set-off, contractual set-off, set-off in relation to subsidiaries, and the right of set-off with regard to security interests. It then considers set-off against insolvent parties, taking into account bankruptcy proceedings under the Bankruptcy and Insolvency Act, receiverships, and reorganization proceedings under the Companies Creditors' Arrangement Act. It also examines issues that arise when the law of set-off is applied in a cross-border context.


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