Selected Cases by Article & Issues
Article 8.20 Cases
Where the obligations are to pay money in different currencies, the right of set-off may be exercised, provided that both currencies are freely convertible and the parties have not agreed that the first party shall pay only in a specified currency.
Number | Issue | # Cases |
---|---|---|
1 | Set-off of obligations in different currencies | |
1.1 | Freely convertible currencies | |
1.2 | Currency specified by contract |