What is equitable estoppel?

Equitable estoppel is a legal concept in Contract Law in Hawaii. It states that, if one party acts in a certain way or takes a certain stance in a contract dispute, the other party can be prevented from denying that particular action or stance in the future. This is most common when one party promises to do something or refrain from doing something, and then they act inconsistently with that promise. For example, if a party makes a promise to pay a certain amount of money, and then fails to pay, the other party can use equitable estoppel to prevent them from denying that promise in the future. Equitable estoppel is a form of protection for people who are in a contractual agreement. It is intended to prevent one party from taking advantage of the other party by refusing to uphold the agreement. This concept is important in Hawaii, as it helps ensure that parties are held accountable for any promises they make. It also serves as a safeguard to protect one party from being taken advantage of in a contract dispute.

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