Waiver by estoppel: Difference between revisions

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The other kind of [[waiver]]. The ''difficult'' one. Though not as perilous as [[Mediocre lawyer|your earnest counsel]] may have you believe.
The other kind of [[waiver]]. The ''difficult'' one. Though not as perilous as [[Mediocre lawyer|your earnest counsel]] may have you believe.


Waiver by estoppel is when a party is entitled to exercise close-out rights, but by conduct leads the offending party to believe it will not. It is an outflowering of the great case of {{citern|Hughes|Metropolitan Railway|1877|2 App. Cas.|439}}
[[Waiver by estoppel]] is when a party is entitled to exercise contractual rights, but by its conduct leads the other party to believe it will not so that party relies on that representation to its detriment. It is an outflowering of the great case of {{citern|Hughes|Metropolitan Railway|1877|2 App. Cas.|439}}


===Ingredients===
===Ingredients===
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{{waiver}}
{{waiver}}
{{ref}}