Does Estoppel principles of law get used alot today in commercial litigation disputes anymore?
For example, in commercial transactions from reneging on agreements to buy a company for a certain amount of money, in inheritance and Trust fund battles (eg making promises in a Trust deed not to sell a property then sell it) or making promises say to a spouse not to sell an asset, then go ahead and do it.
Basically stopping reneging on agreements that cause inequitable results which from what I know is the basis of Estoppel principles, could be wrong I'm not a lawyer. And promissory estoppel etc.
For example, in commercial transactions from reneging on agreements to buy a company for a certain amount of money, in inheritance and Trust fund battles (eg making promises in a Trust deed not to sell a property then sell it) or making promises say to a spouse not to sell an asset, then go ahead and do it.
Basically stopping reneging on agreements that cause inequitable results which from what I know is the basis of Estoppel principles, could be wrong I'm not a lawyer. And promissory estoppel etc.