The present installment in the series of articles on the effects of the law of the International Monetary Fund on litigation discusses decisions by courts in England, the United States, the Netherlands, and Italy, as well as decisions by the Court of Justice of the European Communities and by an...

This article discusses two cases involving the much-litigated Article VIII, Section 2(b) of the Fund's Articles of Agreement, under which, if an exchange contract involving the currency of a member of the Fund is contrary to exchange control regulations of the member that are consistent with the...