By law, a promise that was made becomes enforceable, even when it's made without any formal considerations. Legal doctrines of estoppel are based in both common law and equity. Promissory Estoppel Law and Legal Definition Promissory estoppel is a term used in contract law that applies where, although there may not otherwise be a enforceable contract, because one party has relied on the promise of the other, it would be unfair not to enforce the agreement. How to say estoppel. How to use estoppel in a sentence. (3) I should add that I do not consider the doctrine or promissory estoppel to apply in these circumstances. (5) It is quite normal for both vendor and buyer to initially enter into a promissory contract which details the conditions of sale. Promissory Estoppel is one of the elements of contract law that must be considered when drafting or entering into a contract or agreement. Estoppel may prevent someone from bringing a particular claim. A successful promissory estoppel claim prevents the defendant from denying the existence of a contract for lack of consideration and punishes the defendant for misleading the plaintiff to its detriment (Bocksel v.DG3 North America, Inc., 2016 WL 873138, at *10 (E.D.N.Y. Promissory estoppel was the heart of a case pitting neighbor against neighbor in Iowa. Promissory estoppel is a formal legal principle. A farmer had leased a … See more. THIS IS NOT A BINDING PRECEDENT C took out loan from D (joint liability) C had case of promissory estoppel. C argued D should pay rest of the debt, Collier agreed he would be responsible for 1/3 share. Feb. 12, 2016)).Courts typically limit the plaintiff's remedy to that which is necessary to avoid injustice. ‘I take the view that the question of issue of estoppel does not and cannot arise in judicial review proceedings.’ ‘Given the absence of any such promise, any claim based on promissory estoppel would fail.’ ‘On the full facts the judge found that there was an estoppel and awarded him £200,000 based on … Example of Promissory Estoppel . Collier was paying £200 a month until 3rd of debt paid of the other 2 d hadn't paid there's. Estoppel is a judicial device in common law legal systems whereby a court may prevent or "estop" a person from making assertions or from going back on his or her word; the person being sanctioned is "estopped". Listen to the audio pronunciation in the Cambridge English Dictionary. How to pronounce estoppel. Estoppel definition is - a legal bar to alleging or denying a fact because of one's own previous actions or words to the contrary. 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