The next series of posts are intended as a summary that includes the most relevant legal principles derived from the English case law dealing with the contractual formative requirement of consideration and promissory estoppel. In particular, the summary is concerned with the concepts of sufficiency, past consideration, consideration in cases involving performance of an existing duty, and the equitable doctrine of promissory estoppel. The full-text transcript of the cases is freely available at http://www.bailii.org.

Tags: consideration, case law