Misrepresentation and Contractural Estoppel: The Raiffeisen Clarifications: Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland plc [2010] EWHC 1392 (Comm)
Misrepresentation continues to be one of the most commonly pleaded vitiating factors. When such a plea is made, the representor’s reply has often been that there is a contractual clause which affects the matter at hand, and the legal inquiry turns to whether the clause excludes liability for misrepr...
Saved in:
Main Author: | |
---|---|
Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2011
|
Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/sol_research/1398 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Singapore Management University |
Language: | English |
id |
sg-smu-ink.sol_research-3350 |
---|---|
record_format |
dspace |
spelling |
sg-smu-ink.sol_research-33502015-04-14T06:00:06Z Misrepresentation and Contractural Estoppel: The Raiffeisen Clarifications: Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland plc [2010] EWHC 1392 (Comm) LOW, Kee Yang Misrepresentation continues to be one of the most commonly pleaded vitiating factors. When such a plea is made, the representor’s reply has often been that there is a contractual clause which affects the matter at hand, and the legal inquiry turns to whether the clause excludes liability for misrepresentation and, if so, whether it is reasonable. In recent times, a somewhat surprising argument has surfaced – that the clause estops any allegation of misrepresentation. Such estoppel takes two forms. The first – estoppel by representation – is a reasonably well-established doctrine. The second – contractual estoppel – is a recent and controversial concept, and has been gaining judicial support. But the application of the doctrine of contractual estoppel raises serious questions and doubts. This case note considers how and the extent to which Mr Justice Clarke’s judgment in Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland [2010] EWHC 1392 (Comm) provides the clarification much needed in this area. 2011-03-01T08:00:00Z text https://ink.library.smu.edu.sg/sol_research/1398 Research Collection Yong Pung How School Of Law eng Institutional Knowledge at Singapore Management University Asian Studies Commercial Law |
institution |
Singapore Management University |
building |
SMU Libraries |
continent |
Asia |
country |
Singapore Singapore |
content_provider |
SMU Libraries |
collection |
InK@SMU |
language |
English |
topic |
Asian Studies Commercial Law |
spellingShingle |
Asian Studies Commercial Law LOW, Kee Yang Misrepresentation and Contractural Estoppel: The Raiffeisen Clarifications: Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland plc [2010] EWHC 1392 (Comm) |
description |
Misrepresentation continues to be one of the most commonly pleaded vitiating factors. When such a plea is made, the representor’s reply has often been that there is a contractual clause which affects the matter at hand, and the legal inquiry turns to whether the clause excludes liability for misrepresentation and, if so, whether it is reasonable. In recent times, a somewhat surprising argument has surfaced – that the clause estops any allegation of misrepresentation. Such estoppel takes two forms. The first – estoppel by representation – is a reasonably well-established doctrine. The second – contractual estoppel – is a recent and controversial concept, and has been gaining judicial support. But the application of the doctrine of contractual estoppel raises serious questions and doubts. This case note considers how and the extent to which Mr Justice Clarke’s judgment in Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland [2010] EWHC 1392 (Comm) provides the clarification much needed in this area. |
format |
text |
author |
LOW, Kee Yang |
author_facet |
LOW, Kee Yang |
author_sort |
LOW, Kee Yang |
title |
Misrepresentation and Contractural Estoppel: The Raiffeisen Clarifications: Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland plc [2010] EWHC 1392 (Comm) |
title_short |
Misrepresentation and Contractural Estoppel: The Raiffeisen Clarifications: Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland plc [2010] EWHC 1392 (Comm) |
title_full |
Misrepresentation and Contractural Estoppel: The Raiffeisen Clarifications: Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland plc [2010] EWHC 1392 (Comm) |
title_fullStr |
Misrepresentation and Contractural Estoppel: The Raiffeisen Clarifications: Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland plc [2010] EWHC 1392 (Comm) |
title_full_unstemmed |
Misrepresentation and Contractural Estoppel: The Raiffeisen Clarifications: Raiffeisen Zentralbank Osterreich AG v Royal Bank of Scotland plc [2010] EWHC 1392 (Comm) |
title_sort |
misrepresentation and contractural estoppel: the raiffeisen clarifications: raiffeisen zentralbank osterreich ag v royal bank of scotland plc [2010] ewhc 1392 (comm) |
publisher |
Institutional Knowledge at Singapore Management University |
publishDate |
2011 |
url |
https://ink.library.smu.edu.sg/sol_research/1398 |
_version_ |
1772829390398291968 |