COLLIER V P & M J WRIGHT

[2007] EWCA Civ 1329, Court of Appeal, Lord Justice Mummery, Lady Justice Arden and Lord Justice Longmore, 14 December 2007

Contract – Consideration – Payment of a lesser sum in satisfaction of debt – Equitable estoppel

An alleged promise by a creditor to a joint debtor that the joint debtor would be required to pay only his share of the joint debt was not supported by consideration, although there was a triable issue that the creditor was estopped by the doctrine of promissory estoppel from withdrawing his promise and