Editing Contracts/Duress
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In such cases, one party refuses to release the goods belonging to the other party until the other party enters into a contract with them. For example, in ''Hawker Pacific Pty Ltd v Helicopter Charter Pty Ltd'' (1991) 22 NSWLR 298, the contract was set aside after Hawker Pacific's threats to withhold the helicopter from the plaintiff unless further payments were made for repairing a botched paint job. | In such cases, one party refuses to release the goods belonging to the other party until the other party enters into a contract with them. For example, in ''Hawker Pacific Pty Ltd v Helicopter Charter Pty Ltd'' (1991) 22 NSWLR 298, the contract was set aside after Hawker Pacific's threats to withhold the helicopter from the plaintiff unless further payments were made for repairing a botched paint job. | ||
===The elements of economic duress=== | ====The elements of economic duress==== | ||
Economic duress is the use of unlawful economic pressure to compel a party to a contract to agree to demands which they would not have otherwise.<ref>{{cite web|title=Universe Tankships Inc of Monrovia v International Transport Workers Federation (The Universe Sentinel) [1981] UKHL 9|url=http://www.bailii.org/uk/cases/UKHL/1981/9.html|website=Bailii|accessdate= 9 August 2015}}</ref> | Economic duress is the use of unlawful economic pressure to compel a party to a contract to agree to demands which they would not have otherwise.<ref>{{cite web|title=Universe Tankships Inc of Monrovia v International Transport Workers Federation (The Universe Sentinel) [1981] UKHL 9|url=http://www.bailii.org/uk/cases/UKHL/1981/9.html|website=Bailii|accessdate= 9 August 2015}}</ref> |