Facts
- Broom owed the bank money in an unsecured loan
- The bank asked for some security, which be defendant agreed to provide
- The bank proceeded to enforce the debt with Broom
- Broom argued that the bank had provided no consideration for his promise to provide security
Issue
- Could promising not to sue Broom constitute good consideration for his promise to provide security for the debt
Decision
- Yes, claim allowed
Reasoning
- Forbearance to sue can be valid consideration