Template:Estoppel quote Kosmar: Difference between revisions

Jump to navigation Jump to search
no edit summary
No edit summary
Tags: Mobile edit Mobile web edit
No edit summary
Tags: Mobile edit Mobile web edit
 
Line 1: Line 1:
[[Estoppel]], however, is a [[promise]], supported not by [[consideration]] but by [[reliance]]. It is a promise not to rely upon a defence (per Lord Diplock) or a right (per Lord Goff)<ref>{{cite|Motor Oil Hellas (Corinth) Refineries SA|Shipping Corporation of India (“The Kanchenjunga”)|1990|1 Lloyd’s Rep|391}}</ref>. It requires a [[representation]], in words or conduct, which must be unequivocal and must have been relied upon in circumstances where it would be inequitable for the promise to be withdrawn. The need for such unfairness probably means that the reliance of the representee has to constitute a detriment, but even the detriment has, I would think, to be such as to make it inequitable for the promise to be withdrawn. For these reasons, the estoppel may not be irrevocable, but may be suspensory only. An unequivocal representation without the necessary reliance, and reliance without the necessary unequivocal representation, are each insufficient.
[[Estoppel]], however, is a [[promise]], supported not by [[consideration]] but by [[reliance]]. It is a promise not to rely upon a defence (per Lord Diplock)<ref>{{Cite|Kammins Ballrooms Co Ltd|Zenith Investments (Torquay) Ltd|1971|AC|850}}</ref> or a right (per Lord Goff)<ref>{{cite|Motor Oil Hellas (Corinth) Refineries SA|Shipping Corporation of India (“The Kanchenjunga”)|1990|1 Lloyd’s Rep|391}}</ref>. It requires a [[representation]], in words or conduct, which must be unequivocal and must have been relied upon in circumstances where it would be inequitable for the promise to be withdrawn. The need for such unfairness probably means that the reliance of the representee has to constitute a detriment, but even the detriment has, I would think, to be such as to make it inequitable for the promise to be withdrawn. For these reasons, the estoppel may not be irrevocable, but may be suspensory only. An unequivocal representation without the necessary reliance, and reliance without the necessary unequivocal representation, are each insufficient.

Navigation menu