Set-off clauses | Practical Law

Set-off clauses | Practical Law

A note on boilerplate clauses that create or limit contracting parties' rights to set off cross-claims against each other. It also outlines the following non-contractual rights: legal set-off, abatement, equitable set-off, banker's set-off and insolvency set-off.

Set-off clauses

Practical Law UK Practice Note 1-107-3801 (Approx. 15 pages)

Set-off clauses

MaintainedEngland, Wales
A note on boilerplate clauses that create or limit contracting parties' rights to set off cross-claims against each other. It also outlines the following non-contractual rights: legal set-off, abatement, equitable set-off, banker's set-off and insolvency set-off.