Category Archives: Estoppel

A lack of diligence by a party claiming an estoppel is generally fatal.

Substantially, FAT KEE primarily argues there was neither any agreement to enter into a foreign currency-based transaction, nor to use a dollar exchange rate of P37:US$1.  The invoice receipts denominated in US dollars were unilaterally prepared by ONLINE.  Similarly, the … Continue reading

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Definition of Estoppel

Article 1431 of the Civil Code defines estoppel as follows: Art. 1431. Through estoppel an admission or representation is rendered conclusive upon the person making it, and cannot be denied or disproved as against the person relying thereon. Meanwhile, Section … Continue reading

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