Estoppel by Convention

kazzasingh's version from 2017-03-30 11:29


Question Answer
Amalgamated Investment and Property Co v Texas Commerce International Bank Ltd [1982]This case confirmed that estoppel by convention makes it unjust for a mutual assumption to be revoked.
Petromec Inc v Petroleo Brasiliero (no. 2) [2004]The parties entered into a complex group of inter-related contracts for the purpose of purchasing and upgrading an oil production platform for use by Petrobras. At a very early stage it was agreed that the upgrade specification should be amended to render the platform suitable for use in the newly discovered Roncador field instead.
Johnson v Gore Wood & Co [2001]A company brought a claim of negligence against its solicitors, and, after that claim was settled, the company’s owner brought a separate claim in respect of the same subject-matter.