A patent legally forbids anyone from producing, selling, offering to sell, or using the invention without your specific authorization. However, as a patent lawyer in Melbourne, Florida from the Law Offices of Arcadier, Biggie & Wood can attest, a patent does not always stop someone from infringing on a patent.
The point of Promissory Estoppel is to ensure credibility in the promises made by parties to stop them from going back on their word. It is a tool used in order to make parties perform as promised. Many consider this doctrine as a contract law exception.
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New York is a judicial foreclosure state. Foreclosures involve court proceedings, settlement conferences, and a referee-conducted sale.