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- The courts will estop the promising party from enforcing the terms in the contract based on the principle of equity. This action by the court may be said to be an equitable estoppel (pronounced est-top-pal).
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What is estoppel & how does it work?
Mar 24, 2017 · Equitable estoppel is a legal principle that stops someone from taking a legal action that conflicts with his previous claims or behaviors. Essentially, equitable estoppel is a method of preventing someone from going back on his word in a court of law.
Estoppel is an equitable doctrine, a bar that prevents one from asserting a claim or right that contradicts what one has said or done before, or what has been legally established as true. Estoppel may be used as a bar to the re-litigation of issues or as an affirmative defense.
Equitable estoppel is a defensive doctrine preventing one party from taking unfair advantage of another when, through false language or conduct, the person to be estopped has induced another person to act in a certain way, which resulted in the other person being injured in some way.
Definition of "equitable estoppel". A principle preventing a party from gaining legal advantages if they've engaged in unfair actions or deception, such as lying or hiding important facts. How to use "equitable estoppel" in a sentence.
Equitable estoppel. Equitable estoppel is the American counterpart to estoppel by representation. Its elements are summarized as: Facts misrepresented or concealed; Knowledge of true facts; Fraudulent intent; Inducement and reliance; Injury to complainant; Clear, concise, unequivocal proof of actus (not by implication) For example, in Aspex ...
A legal principle that bars a party from denying or alleging a certain fact owing to that party's previous conduct, allegation, or denial. The rationale behind estoppel is to prevent injustice owing to inconsistency or Fraud. There are two general types of estoppel: equitable and legal. Equitable Estoppel.
