Estoppel in English law is a doctrine that may be used in certain situations to prevent a person from relying upon certain rights, or upon a set of facts (e.g. words said or actions performed) which is different from an earlier set of facts.
Estoppel could arise in a situation where a creditor informs a debtor that a debt is forgiven, but then later insists upon repayment. In a case such as this, the creditor may be estopped from relying on their legal right to repayment, as the creditor has represented that he no longer treats the debt as extant. A landlord may tell his tenant that he is not required to pay rent for a period of time ("you don't need to pay rent until the war is over"). After the war is over, the landlord would be "estopped" from claiming rents during the war period. Estoppel is often important in insurance law, where some actions by the insurer or the agent estop the insurer from denying a claim.
Read more about Estoppel In English Law: Reliance-based Estoppels, Other Estoppels
Famous quotes containing the words english and/or law:
“I dont wish to give offense when I suggest that this country should select a king, or even a queen, rather than a president. One isnt that quick to shoot a king or a queenthe majesty of royalty, you see.”
—David Webb Peoples, screenwriter. English Bob (Richard Harris)
“The law isnt justice. Its a very imperfect mechanism. If you press exactly the right buttons and are also lucky, justice may show up in the answer. A mechanism is all the law was ever intended to be.”
—Raymond Chandler (18881959)