Is insolvency set-off an exclusive code?

Is insolvency set-off an exclusive code?


What is the relationship between different types of set-off? If insolvency set-off applies can any other set-off apply at the same time? Is insolvency set-off an exclusive code? These questions are discussed following the Australian Court of Appeal’s decision in Hamersley v Forge [2018] WASCA 163. The article is written by Simon Duncan at Moon Beaver. 

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About the author:

Neeta started her legal career at Allen & Overy in 2008 in the midst of the global financial crisis and the collapse of Lehmans where she gained most of her paralegal experience.

Neeta also did a short stint in litigation at the Revenue and Customs Prosecutions Office in 2006. Neeta graduated with a 2:1 honours degree from University of London, Queen Mary College and went on to obtain a distinction from the College of Law in the Legal Practice. She has been working at Lexis Nexis since April 2013.