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Wilson Parking v Fanshawe
A key New Zealand case that serves as a foundational precedent for promissory estoppel.
Four requirements for promissory estoppel
Belief or expectation
Clear expression
Reasonable reliance on detriment
Unconscionability
Two approaches for successful promissory estoppel claims
Traditional approach: adjusting or removing the detriment suffered
Expanded approach: broader inquiry into what is necessary to satisfy the equity of the situation
Collier v MJ Wright
International suggestion that promissory estoppel might apply to part payments of debt, criticized for undermining Foakes v Beer.