Economic duress

• PIAC v Times Travel

  Confirmed the 3 elements of economic duress:

  1.Application of economic pressure

  2.'Illegitamate'

  3.was the threat a significant cause of contract formation?
• Sibeon v Sibotre


  Commercial pressure is not enoughenough to amount to economic pressure
• PaoOn

  Illegitimate:

  1. Did C protest?
  2. Was there an alternative?
  3. We're steps taken to avoid the contract after entering
• Atlantic Baron

  Compulsion ofof will=anan absence of choice (universal sentinal)
• CTN v Gallagher


  A threat to act on terms of the contract is not illegitimate (Atlas V KAFKO)
• McKendrich

  Eco duress=when a party uses superior power in an illegitimate way to coerce the other party to agree to a set of terms