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PDF Foreign Currency Claims in the Conflict of Laws (Studies in Private International Law)

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Book Details :
Published on: 2010-04-13
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Original language: English

Problems in assessment of damages remain among the most contentious aspects of private law disputes. The assessment exercise becomes particularly difficult when one of the parties asks that damages be assessed in some foreign currency or claims that, even though damages should be assessed in the currency of the forum, foreign exchange losses should form a head of loss. The 1975 decision of the UK's House of Lords in Miliangos v George Frank (Textiles) Ltd was revolutionary in that it permitted English courts to award judgment in a foreign currency. Miliangos has been influential throughout the common law world, and courts in the commonwealth and the US now contemplate awarding damages in currencies other than its own. However, that modernization has hardly eliminated the problems in this area. When may a judge assess damages in a currency other than that of the forum If a court elects to assess damages in its own currency, what conversion date should it select in converting from a foreign currency that was relevant to the obligations between the parties In an age of fluctuating currencies, questions of this nature present judges with choices involving significant financial implications. This book takes a comparative look at how common law courts have addressed damages claims when foreign currencies are involved, and at the statutory responses to that issue. It describes the practices of UK courts, Commonwealth courts, and US courts in this field, and it draws both on principles of private international law and of damages assessment to analyze current practice. It is essential reading for lawyers who deal with conflicts of laws and financial and banking law. The World Factbook - Central Intelligence Agency Contact Information. Submit questions or comments online. By postal mail: Central Intelligence Agency Office of Public Affairs Washington D.C. 20505 LLM Postgraduate Laws - specialisation International ... Gain an LLM with a specialisation in International Business Law by distance learning. The LLM (Master of Laws) is an internationally recognised postgraduate law ... LLM Postgraduate Laws University of London ... Gain a prestigious University of London LLM by distance learning. Study for a prestigious qualification in postgraduate laws anywhere in the world. Top Ten Myths about the Israeli-Palestinian Conflict ... A proper understanding of the Israeli-Palestinian conflict requires exposing numerous myths about its origins and the reasons it persists. Myth 1 Jews and Arabs ... Foreign policy of the United States - Wikipedia The foreign policy of the United States is the way in which it interacts with foreign nations and sets standards of interaction for its organizations corporations ... Sovereignty - Wikipedia Different approaches. The concept of sovereignty has been discussed throughout history and is still actively debated It has changed in its definition concept and ... DEVELOPMENT STUDIES / INTERNATIONAL RELATIONS Author: MAKAMLA MNUNGU Title: DEVELOPMENT STUDIES / INTERNATIONAL RELATIONS Area: PROJECT MANAGEMENT Country : Profile: Program: Doctorate Available for Download: Yes e-Laws Ontario.ca You're using an outdated browser. This website will not display correctly and some features will not work. Learn more about the browsers we support for a faster and ... Micah Zenko - Council on Foreign Relations Micah Zenko is a Senior Fellow at the Council on Foreign Relations (CFR). Previously he worked for five years at Harvard Universitys Kennedy School of Government ... Archive Houston Journal of International Law Houston Journal of International Law University of Houston Law Center 100 Law Center Houston Texas 77204-6060 2015 Houston Journal of International Law.
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