Comparative Foundations of a European Law of Set-Off and Prescription

Cover......Page 1
Half-title......Page 3
Title......Page 5
Copyright......Page 6
CONTENTS......Page 7
PREFACE......Page 9
ABBREVIATIONS......Page 13
I THE EUROPEANIZATION OF PRIVATE LAW AND LEGAL SCHOLARSHIP......Page 15
1 First commission......Page 18
2 Second and third commissions......Page 20
III OBJECTIVES OF THE PRINCIPLES OF EUROPEAN CONTRACT LAW......Page 21
IV THE IDEA OF CODIFICATION TODAY......Page 23
V OTHER PROJECTS......Page 26
I SIX PRELIMINARY POINTS......Page 32
1 A civil law/common law divide?......Page 36
2 The civilian experience......Page 37
3 The English experience......Page 40
4 Evaluation......Page 45
1 Introduction......Page 46
2 Extrajudicial declaration or defence to be pleaded in court?......Page 48
3 Retroactivity or ex nunc effect?......Page 50
4 Insolvency set-off......Page 57
1 Mutuality......Page 58
2 Obligations of the same kind......Page 62
3 Cross-claim due, party declaring set-off may perform......Page 64
4 Liquidity......Page 65
V SITUATIONS WHERE SET-OFF IS EXCLUDED......Page 70
VII SUMMARY......Page 74
I POLICY CONSIDERATIONS......Page 76
II LEGAL LITERATURE AND LAW REFORM......Page 79
III PRESCRIPTION OF CLAIMS AND LIMITATION OF ACTIONS......Page 83
1 Principal components of a prescription regime......Page 90
2 Balancing the interests......Page 91
1 Public policy......Page 93
2 Criteria for differentiation?......Page 95
VI THE DEVELOPMENT OF THE LAW OF LIBERATIVE PRESCRIPTION: INTERNATIONAL TRENDS......Page 99
1 Shorter prescription periods......Page 100
2 Uniform prescription periods......Page 103
3 The discoverability criterion......Page 106
VII THE CORE REGIME......Page 110
VIII THE LONG-STOP PERIOD......Page 113
IX IMPLEMENTING THE CORE REGIME......Page 118
1 Commencement of prescription......Page 119
2 Maximum period of extension of prescription......Page 120
3 Claims for damages......Page 123
I PRESCRIPTION OF A CLAIM ESTABLISHED BY LEGAL PROCEEDINGS......Page 126
1 The options......Page 131
2 Interruption of prescription......Page 133
3 Suspension of prescription......Page 135
1 Terminology I......Page 138
2 Acts of execution......Page 139
3 Acknowledgement......Page 140
IV SUSPENSION IN CASES OF AN IMPEDIMENT BEYOND THE CREDITOR'S CONTROL......Page 143
1 The basic options......Page 148
2 Details of implementation......Page 150
3 Terminology II......Page 152
VI CLOSE PERSONAL TIES AS GROUNDS FOR EXTENSION?......Page 153
VII PRESCRIPTION OF CLAIMS BY OR AGAINST AN ESTATE......Page 155
VIII EXTENSION AS A RESULT OF NEGOTIATIONS......Page 156
IX FRAUS OMNIA CORRUMPIT?......Page 159
1 Range of application of maximum period for suspension......Page 161
2 What must the debtor’s ignorance relate to?......Page 162
3 Suspension of prescription ‘on legal grounds’?......Page 163
4 Duties to refrain from doing something......Page 164
5 Claims concerning payments for services rendered and goods delivered......Page 166
7 Notice of termination......Page 167
1 Introduction......Page 168
2 Waiver......Page 169
3 ‘Verwirkung’......Page 170
4 Ancillary claims......Page 171
5 Real securities......Page 172
6 Set-off......Page 174
7 Defences......Page 175
1 Agreements rendering prescription more difficult......Page 176
3 Agreements facilitating prescription......Page 180
XIII SUMMARY......Page 181
INDEX......Page 184