The Financial Obligation in International Law

by Martha, Rutsel Silvestre J

• ISBN13: 9780191800214
• ISBN10: 019180021X
• Format: eBook
• Copyright: 2015-03-15
• Publisher: Oxford University Press

Author Biography

Rutsel Silvestre J Martha, International Legal Consultant,

Dr. Martha is a Dutch national with 30 years of experience in international law. He currently practices international law in London and was the General Counsel of the International Fund for Agricultural Development between 2008 and 2014. He is an Adjunct Professor of Law at the New York University School of law and was a Visiting Professor of Law at the National University of Singapore and an Adjunct Professor of Law at the Washington College of Law of the American University in Washington.

Table of Contents

Part I. Introductory
1. Money as the Deliverable
2. Capabilities of International Law
Part II. International Nature of Obligations
3. International Legal Obligation
4. Inter-State Transactions
5. Transactions Involving State-Entities and Government Departments
6. Transactions Involving International Organisations
7. International Financial Obligations Owed to Private Parties
Part III. Currency of Obligations
8. The Currency of Account
9. The Currency of Payment
Part IV. Value Risks of Obligations
10. The Exchange Rate
11. Nominalism
12. Value Maintenance
13. Substitution
Part V. Validity of Obligations
14. Provisional Presumptions of Validity
15. Capacity
16. Authority
17. Competence
18. Appropriateness of the Object
19. Unvetiated Declaration of Will
20. Forms and Formalities
Part VI. Preliminary Obligations
21. General
22. Pactum De Negociando and Pactmude Contrahendo
23. Obligation not to Defeate the Object of a Commitment
24. Provisional Application
25. Retroactive Financing
Part VII. Imposed Obligations
26. General
27. Self-Imposition of Financial Obligations
28. Unilateral Impostion of Finacial Obligations
Part VIII. Consensual Obligations
29. Deposit Liabilities
30. Loan Liabilities
31. Reciprocal Currency Swap Liabilities
Part IX. Conditional Obligations
32. General
33. Implied Conditions
34. Expressed Conditions
35. Waiver
Part X. Fiduciary Obligations
36. General
37. Agency
38. Loan Administration
39. Administrated Accounts
40. Autonomous Patrimonies ("Trusts")
Part XI. Involuntary Obligations
41. General
42. Reimbursement of Undue Payment
43. Negotiorum Gestio
44. Compensation for Damages Caused by Lawful Acts
45. Reparation for Damages Caused by Wrongful Acts
Part XIII. Ranking of Obligations
46. The Equality Rule
47. Subordination
48. Secured Debts
49. Preferred Creditor Status
Part XIII
50. Performance
51. Assignment
52. Novation
53. Succession
54. Set-Off
55. Prescription
56. Termination