Promissory estoppel is an equitable doctrine which in some instances can stop a person going back on a promise which is not supported by consideration.
Requirements of promissory estoppel:
- A pre existing contract or legal obligation which is then modified
- A clear and unambiguous promise
- A change of position in reliance on that promise
- It must be inequitable to allow the promisor to go back on their promise
Every case is unique and what constitutes each of these factors will depend on the individual circumstances.
Promissory estoppel is a complex area of law, therefore it is always advisable to seek legal guidance from a solicitor with specialist expertise.
If you believe you have a case of promissory estoppel, contact our team today.
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