equitable estoppel between innocent parties
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 229 U.S. 391 - National Safe Deposit, Savings & Trust Co. v. Hibbs · 1913Most cited · 214 citing opinions
where one of two innocent persons must suffer by the acts of a third, he who has enabled such third person to occasion the loss must sustain it... the principles which underlie equitable estoppel place the loss upon him whose misplaced confidence has made the wrong possible.