SUMMARY / RELATED TOPICS

Young v New Bay Holdings Ltd

Young v New Bay Holdings Ltd 3 NZ ConvC 192,808 is a cited case in New Zealand regarding satisfying the element of detriment required under promissory estoppel. Young purchased a lease of a licensed restaurant owned by New Bay Holdings Ltd for $90,000, with the lease giving Young 2 rights of renewal, he spent a further $108,000 refurbishing the restaurant. However, when it came time to renew the lease, NBH refused to renew the lease; as a result, Young notified NBH's solicitors that he was going to apply to the court for relief under section 120 of the Property Law Act, whereupon the solicitors advised them not to commence legal action until they had received instructions from their client. Young resiled from filing for relief from the court, until many months when NBH said that they could not apply for relief any longer, due to the fact that section 121 requires an application to the court within 3 months of the landlord's refusal. Young applied for relief under promissory estoppel; the judge ruled that promissory estoppel applied here, granted a renewal of the lease.

Randerson J said this was a "straightforward application of the principles of promissory estoppel"

Holland, Iowa

Holland is a city in Grundy County, United States. The population was 282 at the 2010 census, it is part of the Waterloo–Cedar Falls Metropolitan Statistical Area. Holland is located at 42°23′59″N 92°47′58″W. According to the United States Census Bureau, the city has a total area of 0.25 square miles, all of it land. As of the census of 2010, there were 282 people, 107 households, 77 families living in the city; the population density was 1,128.0 inhabitants per square mile. There were 113 housing units at an average density of 452.0 per square mile. The racial makeup of the city was 0.4 % from two or more races. There were 107 households of which 34.6% had children under the age of 18 living with them, 59.8% were married couples living together, 4.7% had a female householder with no husband present, 7.5% had a male householder with no wife present, 28.0% were non-families. 24.3% of all households were made up of individuals and 13% had someone living alone, 65 years of age or older. The average household size was 2.64 and the average family size was 3.12.

The median age in the city was 35.5 years. 29.1% of residents were under the age of 18. The gender makeup of the city was 51.4% male and 48.6% female. As of the census of 2000, there were 250 people, 105 households, 76 families living in the city; the population density was 1,001.5 people per square mile. There were 109 housing units at an average density of 436.7 per square mile. The racial makeup of the city was 0.40 % Asian. There were 105 households out of which 30.5% had children under the age of 18 living with them, 68.6% were married couples living together, 3.8% had a female householder with no husband present, 27.6% were non-families. 25.7% of all households were made up of individuals and 17.1% had someone living alone, 65 years of age or older. The average household size was 2.38 and the average family size was 2.87. In the city, the population was spread out with 23.2% under the age of 18, 4.4% from 18 to 24, 27.6% from 25 to 44, 20.0% from 45 to 64, 24.8% who were 65 years of age or older.

The median age was 41 years. For every 100 females, there were 81.2 males. For every 100 females age 18 and over, there were 84.6 males. The median income for a household in the city was $34,886, the median income for a family was $38,125. Males had a median income of $29,375 versus $20,250 for females; the per capita income for the city was $15,370. About 7.5% of families and 6.3% of the population were below the poverty line, including 8.3% of those under the age of eighteen and 17.3% of those sixty five or over. The mayor of Holland IA is Scott Borchardt