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Sir George Caswall vs. the Duke of Portland: Financial Contracts and Litigation in the wake of the South Sea Bubble

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  • Gary S. Shea

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Abstract

An investigation into the legal wrangles between the first Duke of Portland and his financial antagonists, in particular Sir George Caswall, helps illustrate the nature of private financial contracting during the South Sea Bubble. It also illustrates the special costs of enforcing such contracting after the Bubble. This paper is but a beginning to a wider study of the legal aftermath of the Bubble and the contribution of early modern financial contracting to the general law of contract.

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File URL: http://www.st-andrews.ac.uk/economics/CDMA/papers/wp0605.pdf
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Bibliographic Info

Paper provided by Centre for Dynamic Macroeconomic Analysis in its series CDMA Working Paper Series with number 200605.

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Date of creation: 15 Apr 2006
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Handle: RePEc:san:cdmawp:0605

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Keywords: South Sea Company; Bentinck family; Financial Revolution; Bubble Act; legal history.;

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  1. Gary S. Shea, 2005. "Financial Market Analysis Can Go Mad (in the search for irrational behaviour during the South Sea Bubble)," CDMA Working Paper Series 200508, Centre for Dynamic Macroeconomic Analysis.
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Cited by:
  1. Andrew Mays & Gary S. Shea, 2011. "East India Company and Bank of England Shareholders during the South Sea Bubble: Partitions, Components and Connectivity in a Dynamic Trading Network," CDMA Working Paper Series 201109, Centre for Dynamic Macroeconomic Analysis.

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  1. George Caswall in Wikipedia English ne '')

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