|||McCracken's book provides a comprehensive analysis of the English law of set-off, its practical operation in the banker-customer relationship as well as the theoretical underpinnings -- Marek Dubovec * Journal of International Banking Law and Regulation ( of
Divided into five Parts that discuss in great detail the relevance, concept, nature, scope and application of set-off, The Banker's Remedy of Set-Off traces the development of the concept from its varying origins in statute, equity and contract. It argues that the concept is rooted in notions of justice and fairness and that in its modern form set-off provides an effective and highly useful mechanism for reducing risk in common banking transactions.The book highlights n...
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