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Part-Payment of Debt: A Variation on a Theme?

Collins, DM (2017) Part-Payment of Debt: A Variation on a Theme? International Company and Commercial Law Review, 28 (7). pp. 253-258. ISSN 0958-5214

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Abstract

Discusses how the attitude of the English courts towards the validity of agreements to release a debt arising from a commercial contract by the payment of a smaller sum to that owing has developed over time, including: case law applying the ratio of Pinnell's Case and Foakes v Beer; and cases invoking the promissory estoppel doctrine to circumvent Foakes v Beer.

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