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- W1856292011 abstract "This paper examines the English doctrine of promissory estoppel, focussing on its application to cases where a creditor (A) is owed a debt by B and accepts, or promises to accept, payment of a lesser sum in satisfaction of that debt. It is argued that there is no single coherent doctrine of promissory estoppel, but that two of three more specific principles, applied in promissory estoppel cases, may assist B. The first principle may apply, as in Collier v P & MJ Wright (Holdings) Ltd [2007] EWCA Civ 1329, where A accepts B’s actual payment as discharging B’s duty to A. The second principle may apply where B is yet to pay but, following a commitment from A to accept a lesser sum, B has acted in such a way that he would suffer a detriment as a result of A’s insistence on full performance. Neither of those principles is without difficulty and the paper considers doctrinal and practical obstacles to their application." @default.
- W1856292011 created "2016-06-24" @default.
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- W1856292011 date "2009-01-01" @default.
- W1856292011 modified "2023-09-25" @default.
- W1856292011 title "Promissory Estoppel and Debts" @default.
- W1856292011 hasPublicationYear "2009" @default.
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