In a subsequent case, [ case ], the Court of Appeal considered the application of promissory estoppel in the context of part payment of a debt. The interesting point about this case is the approach taken by Arden LJ, one of the judges who heard the appeal. Her Ladyship seems to suggest that as long as the creditor agrees to accept part payment and the debtor makes the agreed part payment, then there will be sufficient reliance to invoke promissory estoppel.
Answer
Collier v P & MJ Wright (Holdings) Ltd [2007] EWCA Civ 1329
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#consideration #contract
Question
In a subsequent case, [ case ], the Court of Appeal considered the application of promissory estoppel in the context of part payment of a debt. The interesting point about this case is the approach taken by Arden LJ, one of the judges who heard the appeal. Her Ladyship seems to suggest that as long as the creditor agrees to accept part payment and the debtor makes the agreed part payment, then there will be sufficient reliance to invoke promissory estoppel.
Answer
?
Tags
#consideration #contract
Question
In a subsequent case, [ case ], the Court of Appeal considered the application of promissory estoppel in the context of part payment of a debt. The interesting point about this case is the approach taken by Arden LJ, one of the judges who heard the appeal. Her Ladyship seems to suggest that as long as the creditor agrees to accept part payment and the debtor makes the agreed part payment, then there will be sufficient reliance to invoke promissory estoppel.
Answer
Collier v P & MJ Wright (Holdings) Ltd [2007] EWCA Civ 1329
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Open it In a subsequent case, Collier v P & MJ Wright (Holdings) Ltd [2007] EWCA Civ 1329, the Court of Appeal considered the application of promissory estoppel in the context of part payment of a debt. The interesting point about this case is the approach taken by Arden L
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