The legal aspect of money: with special reference to comparative private and public international law
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Oxford
Clarendon Press
1992
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Ausgabe: | 5. ed. |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | LXIII, 599 S. |
ISBN: | 0198256507 |
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Datensatz im Suchindex
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adam_text | THE
LEGAL ASPECT
OF MONEY
With special reference to
Comparative Private and Public
International Law
F A MANN
CBEjFBA,QC (Hon), LL D
(Lond ), DR JUR (Berlin), Hon DCL (Oxford)
Hon Dr Jur (Kiel and Zurich)
Honorary Bencher of Gray s Inn
Honorary Member of the American Society of International Law
Honorary Professor of Law in the University of Bonn
Member of the Institut de Droit International
Solicitor of the Supreme Court
London
FIFTH EDITION
CLARENDON PRESS • OXFORD
CONTENTS
TABLE OF STATUTES xxiii
TABLE OF ENGLISH CASES xxix
TABLE OF SCOTTISH AND COMMONWEALTH CASES xli
TABLE OF CASES FROM THE EUROPEAN COURTOFJUSTICE xlv
TABLE OFINTERNATIONALCASES xlvi
TABLEOFUNITEDSTATESOFAMERICACASES Ii
TABLEOFSOME BOOKS Ixi
SOME ABBREVIATIONS Ixii
PART I
THE LEGAL PROBLEMS OF MONEY IN GENERAL
ITHECONCEPTOF MONEY 3
I Importance of a definition (p 3) II Law and economics of money (p 5) III
Requirements of money in law: (1) chattel personal (p 8); (2) creature ofthc law (p 14): *«
(a) the prerogative over money (p 14); (b) the aspects ofthc State theory of money
(p 19); (c) the socictary theory of money (p 22); (3) denomination (p 23); (4)
universal medium of exchange (p 24) IV The intrinsic nature of money (p 28)
II THE MONETARY SYSTEM, ITS ORGANIZATION
AND INCIDENTS 31
I Introduction (p 31) II Sterling within the international legal order: (I) the gold
standard before 1931 (p 32); (2) the gold parity standard orBrctton Woods (p 33); (3)
the international monetary system since 1978 (p 36) III Sterling within the British ,
legal order (p 38) IV Types of currency: (1) convertible and inconvertible currency ^
(p 40); (2) legal tender (p 42) V The unit of account and its definition (p 43) VI
Changes in the monetary system (p 49) VII Monetary systems with common
characteristics: identity and diversity; The Significance ofthc unit of account: (1) in
general (p 52); (2) for the existence ofdistinct monetary systems in case of (a) the Latin
Monetary Union (p 54); (b) former dependant territories (p 54) VIII Changes in the
value of the unit of account (p 60) IX Eurocurrency (p 63)
III MONETARYOBLIGATIONS:TYPESANDPAYMENT 65
I Types of monetary obligations: (I) debts (p 63); (a) the character of a monetary
obligation (p 66); (A) the effects of a failure to pay (p 69): (i) the contract continues
(p 70); (ii) therefore accord and satisfaction arc unnecessary (p 70) (iii) yet a breach of
cuntract occurs and justifies a claim for damages which may be lower or higher than the
xviii CONTENTS
debt (p 71); (iv) the breach may amount to repudiation which would revise the debt
(p 72); (v) the recovery of damages for depreciation is a further and distinct problem
(p 72) (2) unliquidated claims (p 72) II The payment of monetary obligations: (1)
payment as a consensual act or a fact (p 74); (2) payment or tender of money (p 75); (3)
the place of payment (p 81); (4) the time of payment (p 83); (5) the completion of
payment (p 83)
IV MONETARY OBLIGATIONS: THE EXTENT OF
LIQUIDATEDSUMS(NOMINALISM) 86
I The foundation of nominalism (p 86) II The historical development of nominalism:
(1) abroad (p 92); (2) in England (p 96) III The general nature and scope of
nominalism (p 102): (1) public policy (p 102); (2) Judicial notice (p 102); (3)
nominalism in statutes (p 108); (4) nominalism in the field of taxation (p 104); (5) the
case of the collapse of a currency (p 106) IV The effect of nominalism in specific
contexts: (1) debts (p 103); (2) damages for default in payment (p 114); (3) deprecia-
tion as justification for discharge of a contract (p 117); (4) specific performance (p 120)
V MONETARY OBLIGATIONS:UNLIQUIDATED
AMOUNTS 122
I Introduction (p 122) II Damages: (1) a comparative survey (p 123); (2) damages
in English law (a) for breach of contract (p 131); (b) for tort (p 132); (c) where there is
mitigation (p 138) III Compensation for expropriation (p 139) IV Sharing a fund
(p 141)
VI METHODS OF EXCLUDING THE EFFECTS OF
NOMINALISM 143
I Methods of protection in general (p 143) II The gold clause: (I) its existence as a
result of (a) an express (p 148); (b) an implied agreement (p 149); (2) gold coin or gold
value clause? (p 154); (3) the operation of a gold clause: (a) absence of a definition
(p 158); (b) uncertainty as to the price of gold (p 161); (c) local differences in the price
(p 163) III Index clauses (p 164) IV Theunit-of-accountclausc(p 166) V Validity
of protective clauses under (1) nominalism (p 169); (2) ordinary legal tender legislation
(p 169); (3) compulsory tender legislation (p 169); (4) public policy (p 170); (5) special
legislation (p 175) VI The legislative problem (p 180)
PART II
FOREIGN MONEY OBLIGATIONS
INTRODUCTION: FOREIGN CURRENCY AND ITS GENERAL
RELATIONS WITH MUNICIPAL AND PRIVATE INTER-
NATIONAL LAW 185
VII THE GENERAL POSITION OF FOREIGN MONEY AND
FOREIGN MONEY OBLIGATIONS IN ENGLISH LAW 189
)l Definition of foreign money (p 189)^11 Foreign money as money or commodity
(p 190) III Foreign money debts as contracts to pay money or as contracts to deliver a
CONTENTS xix
commodity (p 196) IV Euro-currency (p 199) V The legality of foreign money
obligations (p 202) V I Money of account and money of payment (p 205) VII
Foreign currency clauses: (1) £ 100 payable in dollars at the rate ofexchange of$2 to £ 1
(p 207); £100 payable at the rate ofexchange of $2 to £1 (p 208); (2) £100, rate of
exchange of £1 = $2 (p 208) VIII Option of currency, option of place (p 213) IX A
survey of the two preceding sections (p 219) X The place of payment: (1) its meaning
in comparative law (p 220); (2) its meaning in private international law (p 221); (3) the
law of the place of performance and its effect in private international law (p 221)
VIII THE DETERMINATION OF THE MONEY OF ACCOUNT:
INITIALUNCERTAINTY 226
I The problem stated (p 226) II The determination ofthe money of account in case of
fixed indebtedness: (1) the rules of municipal law (p 229); (2) the problem of private
international law; the Adelaide and the Auckland Corporation cases in particular (p 238) III
The determination ofthe money of account in case of unforeseen liability: (1) the rules of
municipal law in general and in particular cases: (a) indication in the contract (p 247);
(A) restitution of value (p 249); (c) agency (p 251); (d) the injured party s currency
(p 252); (2) the rule of private international law (p 255)
IX THE DETERMINATION OF THE MONEY OF ACCOUNT
(continuation): SUBSEQUENTUNCERTAINTY 257
I The problem stated (p 257) II The effect ofthe curtailment ofthe monetary system
upon the money of account: (1) municipal law (p 259); (2) private international law
(p 261) III The extinction of the money of account: (1) by the substitution of one
monetary system for another (p 266); (2) by the dissolution of a unitary currency system
into separate systems: (a) municipal law (p 268); (b) private international law (p 270)
X THE NOMINALISTIC PRINCIPLE, ITS SCOPE, INCIDENTS,
AND EFFECTS 271
I The province of the law of currency (p 271) II The private international law
governing revalorization (p 280) III The rules of municipal law relating to compensa-
tion in respect of depreciation of foreign money obligations: (1) the quantum of simple
debts (p 287); (2) damages for non-payment (p 291); (3) determination of the amount
of unliquidated damages (p 295); (4) frustration (p 295); (5) equitable remedies
(p 296) IV Protective clauses; gold clauses in particular The law governing (1) the
existence of a gold clause (p 298); (2) the construction of a gold clause (p 299); (3) the
validity of a gold clause (p 299); (4) the enforcement of a gold clause governed by
English law (p 304); (5) attempts made to avoid the abrogation of gold clauses by the
proper law: (a) restrictive interpretation of the parties reference to the proper law
(p 306); (b) denial of extraterritorial effects (p 306); (c) confiscation (p 307); (d)
incompatibility with public policy (p 308)
XI THEPAYMENTOFFOREIGNMONEYOBLIGATIONS 311
I The problems to be considered (p 311) II The money of payment: (1) the problem
and its solution in foreign laws (p 312); (2) the rules of English law (p 320); (3) the
effective clause (p 324); (4) the rule of private international law (p 325) III The
discharge of foreign money obligations: (1) in English municipal law: (a) the due
payment (p 327); {b) payment after repudiation (p 328); (c) set-off (p 331); (2) in
xx • CONTENTS
English private international law: (a) accord and satisfaction (p 331); (b) tender
(p 332); (c) set-off (p 333); (d) deposit (p 333) IV Conversion for the purpose of
adjustment (p 335)
XII THE INSTITUTION OF LEGAL PROCEEDINGS AND
ITS EFFECT UPON FOREIGN MONEY OBLIGATIONS 341
I The problem stated (p 341) II Participation in a fund (p 342) III The institution
oflegal proceedings and its effects in foreign laws (p 344) IV The institution of legal
proceedings and its effects in English law (p 351) V A retrospect (p 354)
PART III
EXCHANGE CONTROL AND VALUATION
OF FOREIGN CURRENCIES
INTRODUCTION 361
XIII EXCHANGE CONTROL UNDER THE INTERNATIONAL
MONETARY FUND AGREEMENT 364
I Introduction (p 364) II The legal character of Art VIII (2) (4) (p 366) III Public
policy under the agreement (p 368) IV The scope or Art VIII (2) (A): (1) initially
enforceable contracts (p 370); (2) initially unenforceable contracts (p 372); (3)
invalidity outside Art VIII (2) (A) (p 372); (4) effects outside the realm of contracts
(p 373); (5) domestic payments (p 374); (6) no general recognition of foreign exchange
control (p 375); (7) no exclusion of capital payments (p 376); (8) application to all
member States (p 378) V The interpretation of Art VIII (2) (A): (1) exchange
contracts: (a) the present English practice (p 380); (A) the former English and Con-
tinental practice (p 380); (c) a critical appreciation ofthe English development (p 383);
(2) which involve the currency (p 386); (3) of any member (p 387); (4) and are contrary
to the exchange control regulations (p 388); (5) of that member (p 390); (6) maintained
or imposed consistently with this Agreement (p 390); (7) shall be unenforceable (p 392)
XIV THE PRIVATE INTERNATIONAL LAW OF EXCHANGE
CONTROL 397
I Introduction (p 397) II The question of principle: public policy or control by the
proper law? (p 398) III The effect of foreign exchange control on the validity of
contracts (1) governed by the law ofthc restricting State (p 404); (2) governed by
English law (p 406) IV The effect of foreign exchange control upon the performance of
contracts (1) governed by the law ofthe restricting State; two special problems: (a)
failure to pay (p 412): (A) guarantees of debts subject to restriction (p 413); (2)
governed by the law of England (p 415); (3) the effect of foreign exchange control upon
the manner of payment (the problem of bank notes) (p 418) V The effect of foreign
exchange control upon rights of property (p 421) VI Foreign exchange control as an
unenforceable prerogative right (p 425)
XV THEVALUATIONOFFOREIGNCURRENCIES 431
I Introduction (p 431) II The par of exchange (p 431) 111 The problems of the rate
of exchange in general: (1) the choice of law (p 435); (2) the date (p 436); (3) the place
CONTENTS xxi
(p 436); (4) the type of rate (p 436) IV The existing types of rate ofexchange: (1) the
official rate (p 437); (2) the four principal types ofthe commercial rate (p 437); (3)
multiple currency rates (p 438); (4) the rate for blocked accounts (p 439) V The
appropriate rate ofexchange in case of (1) contracts contemplating conversion (p 439);
(2) debts (p 441); (3) damages (p 448); (4) special contexts (p 449) VI Absence ofa
rate of exchange (p 453)
PART IV
THE PUBLIC INTERNATIONAL LAW OF MONEY
INTRODUCTION 459
XVI MONETARY SOVEREIGNTY, ITS SCOPE AND
ITSLIMITATION 461
I The principle of monetary sovereignty and some of its effects in the event of (1)
depreciation (p 463); (2) devaluation (p 464); (3) failure to revalorize (p 465); (4)
exchange control (p 467) II Monetary sovereignty and the international character of
legal disputes (p 468) III Monetary legislation as confiscation (p 469) IV Monetary
legislation in disregard of fair and equitable treatment of aliens (p 471)
XVII THE PROTECTION OF FOREIGN CURRENCY
SYSTEMS 479
I The principle (p 479) II Thedutyto prevent counterfeiting (p 480) III Thcduties
of a belligerent occupant in regard to currency: (1) the three principal methods of
currency management and their legality (p 481); (2) the problem of responsibility
(p 484); (3) the duties ofthe belligerent occupant and the legitimate sovereign in regard
to the operation of the currency (p 485)
XyillPATTERNSOFMONETARYORGANIZATION 488
I Monetary Agreements: (1) Political Agreements (p 488); (2) Technical Agreements
(in particular Clearing and Payments Agreements) (p 489) 11 Monetary Areas: (1) the
Sterling Area (p 491); (2) the French Franc Area (p 493); (3) the Case Concerning Rights
of Nationals ofthe United States in Morocco (p 494) III Monetary Institutions: (1) in
general (p 497); (2) the International Monetary Fund (p 498); (3) the European
Communities and the ECU (p 501) IV Monetary Unions (p 505)
XIX TREATYRULESOFMONETARYCONDUCT 510
I Conventional and customary international law of money (p 510) II The title to
enforce treaty rights (p 511) 11! Treaty law and treaty purposes (p 512) IV The duty
of co-operation and consultation in monetary affairs (p 512) V The duty to maintain
the stability of currencies (p 514) VI Discriminator) currency arrangements and
multiple currencyspractices (p 515) VII The duty of convertibility for current
international transactions: (1) the meaning of restrictions on convertibility and of
exchange control under the International Monetary Fund (p 518); (2) the general effect
ofthe duty of convertibility (p 519); (3) the meaning of current transactions; (p 520) (4)
exchange restrictions and import restrictions (p 521) VIII Bilateral Treaties: (1) the
duty of equal treatment in operating exchange control (p 523); (2) the duty of fair and
equitable treatment in operating exchange control (p 525) IX Bilateral Treaties
xxii CONTENTS
(continued): the duty (1) to pay for goods (p 527) and (2) to transfer new investment
capital and profits (p 527)
XX THE MONETARY LAW OF INTER-STATE
OBLIGATIONS 530
I Introduction (p 530) II The determination ofthc money of account (1) in case of
debts (p 532) and (2) in case of damages and compensation (p 534) III Nominalism as
applicable to treaties: (1) the principle (p 537); (2) revalorization as a possible remedy
(p 540); (3) damages for delayed payment (p 542); (4) the calculation of damages
(p 544) IV Protective clauses: (1) the existence of a gold clause (p 549); (2) the effect of
the abrogation of gold clauses (p 552) V The payment of inter-State debts: (1) where?
(p 553); (2) how? (p 554); (3) in which currency? (p 554); (4) at which rate of
exchange? (p 555); (5) which type of rate of exchange? (p 556) VI The effect of
exchange control (p 558)
APPENDIXI HOPKINS U COMPAGNIE INTERNATIONAL D E S
WAOONS-LITS 559
APPENDIX II FRANKLINS WESTMINSTER BANK 561
APPENDIXIII OPPENHEIMERB THE PUBLIC TRUSTEE 565
APPENDIX IV EUROPEAN CONVENTION O N FOREIGN MONEY
LIABILITIES 573
INDEX 587
|
any_adam_object | 1 |
author | Mann, Frederick Alexander 1907-1991 |
author_GND | (DE-588)118577107 |
author_facet | Mann, Frederick Alexander 1907-1991 |
author_role | aut |
author_sort | Mann, Frederick Alexander 1907-1991 |
author_variant | f a m fa fam |
building | Verbundindex |
bvnumber | BV004825840 |
classification_rvk | PU 1545 QC 320 |
ctrlnum | (OCoLC)246549432 (DE-599)BVBBV004825840 |
discipline | Rechtswissenschaft Wirtschaftswissenschaften |
edition | 5. ed. |
format | Book |
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geographic | Großbritannien Großbritannien (DE-588)4022153-2 gnd |
geographic_facet | Großbritannien |
id | DE-604.BV004825840 |
illustrated | Not Illustrated |
indexdate | 2024-07-09T16:18:13Z |
institution | BVB |
isbn | 0198256507 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-002968949 |
oclc_num | 246549432 |
open_access_boolean | |
owner | DE-384 DE-739 DE-20 DE-703 DE-521 DE-11 DE-188 |
owner_facet | DE-384 DE-739 DE-20 DE-703 DE-521 DE-11 DE-188 |
physical | LXIII, 599 S. |
publishDate | 1992 |
publishDateSearch | 1992 |
publishDateSort | 1992 |
publisher | Clarendon Press |
record_format | marc |
spelling | Mann, Frederick Alexander 1907-1991 Verfasser (DE-588)118577107 aut The legal aspect of money with special reference to comparative private and public international law by F. A. Mann 5. ed. Oxford Clarendon Press 1992 LXIII, 599 S. txt rdacontent n rdamedia nc rdacarrier Recht Money -- Law and legislation -- Great Britain Foreign exchange -- Law and legislation -- Great Britain Money -- Law and legislation Foreign exchange -- Law and legislation Geld (DE-588)4019889-3 gnd rswk-swf Internationaler Vergleich (DE-588)4120509-1 gnd rswk-swf Auslandsschulden (DE-588)4003783-6 gnd rswk-swf Währungspolitik (DE-588)4064152-1 gnd rswk-swf Rechtsfrage (DE-588)4139247-4 gnd rswk-swf Währungsrecht (DE-588)4188824-8 gnd rswk-swf Rechtsvergleich (DE-588)4115712-6 gnd rswk-swf Internationales Währungsrecht (DE-588)4162104-9 gnd rswk-swf Großbritannien Großbritannien (DE-588)4022153-2 gnd rswk-swf Geld (DE-588)4019889-3 s Rechtsfrage (DE-588)4139247-4 s Rechtsvergleich (DE-588)4115712-6 s DE-604 Währungsrecht (DE-588)4188824-8 s Internationaler Vergleich (DE-588)4120509-1 s Großbritannien (DE-588)4022153-2 g 1\p DE-604 Internationales Währungsrecht (DE-588)4162104-9 s 2\p DE-604 3\p DE-604 Währungspolitik (DE-588)4064152-1 s 4\p DE-604 Auslandsschulden (DE-588)4003783-6 s 5\p DE-604 HEBIS Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=002968949&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 4\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 5\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Mann, Frederick Alexander 1907-1991 The legal aspect of money with special reference to comparative private and public international law Recht Money -- Law and legislation -- Great Britain Foreign exchange -- Law and legislation -- Great Britain Money -- Law and legislation Foreign exchange -- Law and legislation Geld (DE-588)4019889-3 gnd Internationaler Vergleich (DE-588)4120509-1 gnd Auslandsschulden (DE-588)4003783-6 gnd Währungspolitik (DE-588)4064152-1 gnd Rechtsfrage (DE-588)4139247-4 gnd Währungsrecht (DE-588)4188824-8 gnd Rechtsvergleich (DE-588)4115712-6 gnd Internationales Währungsrecht (DE-588)4162104-9 gnd |
subject_GND | (DE-588)4019889-3 (DE-588)4120509-1 (DE-588)4003783-6 (DE-588)4064152-1 (DE-588)4139247-4 (DE-588)4188824-8 (DE-588)4115712-6 (DE-588)4162104-9 (DE-588)4022153-2 |
title | The legal aspect of money with special reference to comparative private and public international law |
title_auth | The legal aspect of money with special reference to comparative private and public international law |
title_exact_search | The legal aspect of money with special reference to comparative private and public international law |
title_full | The legal aspect of money with special reference to comparative private and public international law by F. A. Mann |
title_fullStr | The legal aspect of money with special reference to comparative private and public international law by F. A. Mann |
title_full_unstemmed | The legal aspect of money with special reference to comparative private and public international law by F. A. Mann |
title_short | The legal aspect of money |
title_sort | the legal aspect of money with special reference to comparative private and public international law |
title_sub | with special reference to comparative private and public international law |
topic | Recht Money -- Law and legislation -- Great Britain Foreign exchange -- Law and legislation -- Great Britain Money -- Law and legislation Foreign exchange -- Law and legislation Geld (DE-588)4019889-3 gnd Internationaler Vergleich (DE-588)4120509-1 gnd Auslandsschulden (DE-588)4003783-6 gnd Währungspolitik (DE-588)4064152-1 gnd Rechtsfrage (DE-588)4139247-4 gnd Währungsrecht (DE-588)4188824-8 gnd Rechtsvergleich (DE-588)4115712-6 gnd Internationales Währungsrecht (DE-588)4162104-9 gnd |
topic_facet | Recht Money -- Law and legislation -- Great Britain Foreign exchange -- Law and legislation -- Great Britain Money -- Law and legislation Foreign exchange -- Law and legislation Geld Internationaler Vergleich Auslandsschulden Währungspolitik Rechtsfrage Währungsrecht Rechtsvergleich Internationales Währungsrecht Großbritannien |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=002968949&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT mannfrederickalexander thelegalaspectofmoneywithspecialreferencetocomparativeprivateandpublicinternationallaw |