Goode on Payment Obligations in Commercial and Financial Transactions, 2nd Edition

This book delivers a lucid and penetrative treatment of all forms of payment obligations. This latest edition:

• Offers new insights into familiar problems by rigorous analysis of underlying legal principles
• Analyses the key concepts of money, payment, obligation to pay, the right to payment, stipulations regarding time and interest
• Delivers robust views on complex and important areas such as compound interest, payment to an agent, recovery of exchange rate losses and foreign illegality
• Considers international inter-bank transfers and foreign money obligations
• Provides an introduction to e-money and payment by card
• Examines anti-money laundering procedures and legislation
• Considers sanctions legislation particularly the extra-territorial aspects of the US Patriot Act for foreign banks
• Supplies a comparative approach to international issues via materials from Commonwealth and US jurisdictions
• Discusses case law in depth including: TSB Bank v Welwyn Council, Armagas v Mundogas, Camdex v Bank of Zambia and President of India v La Pintada