Conflict of Laws and International Finance, 2nd Edition

The Law and Practice of International Finance series is your definitive guide to international finance. It considers the full range of topics across nine volumes, setting out the law and practice of trading assets on the international markets. This essential work, by one of the leading finance specialists of a generation, provides a simple, unified and distilled account of the whole topic.

This book explains how core issues of international finance are affected by conflict of laws issues. It explains the governing law of contracts, arbitration, an enforcement of foreign judgments. It sets out the conflict of laws issues for each of the products and processes covered in the other books in the series, including security interests, title finance, trusts, regulation and insolvency.

Philip Wood is one of the leading authorities on international finance worldwide, as well as a practitioner and teacher. He was a partner in international law firm Allen & Overy until his retirement in 2018, and for ten years was head of the banking department. Subsequently he led the firm’s Global Law Intelligence Unit. Philip is the Yorke Distinguished Visiting Fellow at the University of Cambridge, and has previously been Visiting Professor in International Financial Law at the University of Oxford, Queen Mary University of London, and the London School of Economics. He has lectured at more than 60 universities worldwide and has written more than 20 books.

Key features:

• Gives practical guidance on the conflict of laws from the governing law of contracts to areas such as financial regulation, financial torts, trusts and insolvency
• Helps readers decide which legal system to adopt and how to resolve issues
• Covers the governing law of contracts, so that the basis on which international financial contracts should operate is clear
• Explains jurisdiction over financial contracts, in particular the arbitration of financial contracts and the enforcement of foreign judgments
• Looks in detail at conflict of laws for security interests and title finance
• Examines conflict of laws for financial torts and financial trusts
• Discusses the conflict of laws for regulation of international finance and regulatory jurisdiction, making the application of the correct regulations simpler
• Provides coverage of sovereign immunity in the UK, US and EU as well as the recognition of states, state succession and international organisations
• Includes special treatment of conflict of laws in insolvency