NSW Do Estoppel Principles Get Used Much in Commercial Litigation?

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Steve500

Well-Known Member
10 March 2015
63
3
199
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.
 
S

Sophea

Guest
Hi Steve500,

Yes they still appear quite regularly in commercial claims, especially as an alternative argument where the existence of a contract is questionable.