Econimic Duress Flashcards
(10 cards)
1
Q
North ocean shipping v hyundai
A
Set groundwork for economic duress
2
Q
Where did requirements for ecenomic duress come from
A
Subsea v petroleum
3
Q
Elements for ecenomic duress
A
1) illegitimate pressure
2) lack of practical choice
3) pressure induced agreement (causation)
4
Q
Atlas express v kafco
A
Eg of illegitimate pressure
5
Q
A
6
Q
CTN cash and carry v Gallagher
A
No illegitimate pressure
7
Q
B&S contracts v victor green
A
Withholding services left V with no other choice
8
Q
Carillion construction V felix UK
A
New last minute terms so no real alternative
9
Q
Huyton SA v peters
A
No duress bc claimant didn’t act immediately so had other options
10
Q
Remedies for duress
A
1)Recission
2) damages only if intimidated
