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Austin Instrument, Inc. v. Loral Corp.

29 N.Y.2d 124 (Ct. App. N.Y. 1971)

Tags: Contracts, Duress, Economic duress

tl;dr: A subcontractor threatened a general contractor with the denial of performance if the general contractor did not grant the subcontractor other bids and pay them more.

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Info

Austin Instrument, Inc. v. Loral Corp.

IRACIssue, Rule, Analysis, Conclusion

🤯 High points 🤯Key points contributed by students on LSD

Facts & Holding

Facts:Defendant Loral entered a contract with the Navy to furnish...

Holding:Reversed as to the dismissal of Defendant's claim, but affirmed...

Austin Instrument, Inc. v. Loral Corp.

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