Sir George Jessel MR said: ‘there could not be a set-off until action brought and set-off pleaded.’ Judges: Sir George Jessel MR Citations: (1878) 9 ChD 568 Statutes: Insolvent Debtors Relief Act 1729 13 Cited by: Cited – Aectra Refining and Marketing Inc v Exmar NN CA 15-Aug-1994 A time loss claim can found a … Continue reading Talbot v Frere: CA 1878
A time loss claim can found a legal set-off claim against ship owners, provided that the loss claim can be made in the same court. The court referred to a ‘transaction set-off and independent set-off’. Cross-claims must both be due and payable, and either liquidated or capable of being quantified by reference to ascertainable facts … Continue reading Aectra Refining and Marketing Inc v Exmar NN: CA 15 Aug 1994