In July of 1965, Loral was awarded a $6,000,000 contract by the Navy for the production of radar sets. The contract contained a schedule of deliveries, a Austin brought suit in New York state court to recover the price increases agreed to by Loral. The trial and appellate courts held in Austin's favor, and Loral The court's majority opinion found that Loral Corporation was indeed under economic duress when it agreed to higher prices demanded by Austin Instrument.
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Byers v. Federal Land Co. Case Brief Summary | Law Case Explained Defendant Loral won a $6 million contract from the Navy to build radar sets. Plaintiff Austin won a sub-contract for delivery of 23 of Locks v. Wade Case Brief Summary | Law Case Explained
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The defendants offered to sell a strip of land to the plaintiff and eight other neighbors, but there was a delay due to issues with the Austin Instrument v. Loral Corp. – (IRAC) Case Brief Summary
After Austin had entered upon the performance of that subcontract, Loral was awarded an additional contract by the government for radar equipment and Austin Colfax Envelope Corp. v. Local No. 458-3M Case Brief Summary | Law Case Explained
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Beneficial National Bank, U.S.A. v. Payton Case Brief Summary | Law Case Explained Loveless v. Diehl Case Brief Summary | Law Case Explained This case considers whether duress can be economic in nature and if it can, whether it is actionable as a vehicle to recover damages.
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Get more case briefs explained with Quimbee. Quimbee has over 20000 case briefs (and counting) keyed to over 223 casebooks Defendant Loral entered a contract with the Navy to furnish radars. As part of their subcontracting, Defendant hired Plaintiff Austin
This case is a landmark decision in contract law that solidifies the modern doctrine of economic duress or 'business compulsion.' It clarifies that a wrongful Austin Instrument v. Loral Corp. – Case Brief Summary – Facts Contract Law 70 V American Mechanical Corp v Union of Lynn
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Facts of the case: In July of 1965, Loral was awarded a $ 6,000,000 contract by the Navy for the production of radar sets. The contract contained a schedule Hauer v. Union State Bank of Wautoma Case Brief Summary | Law Case Explained Get more case briefs explained with Quimbee. Quimbee has over 36300 case briefs (and counting) keyed to 984 casebooks
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The case is about a dispute between Austin Instrument, Inc. and Loral Corporation over payment for goods delivered under a Contract Law 61 IV re Carter Express Conditions Austin Instrument, Inc. v. Loral Corp. Case Brief | Lexplug | Lexplug
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Austin Instrument v. Loral Case Brief Summary | Law Case Explained Issue. The main issue was whether Loral Corporation acted under economic duress when it agreed to Austin Instrument's demands for price increases and additional Beachcomber Coins, Inc. v. Boskett Case Brief Summary | Law Case Explained
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Get more case briefs explained with Quimbee. Quimbee has over 16300 case briefs (and counting) keyed to 223 casebooks IV. Contract Performance E. Express Conditions In Re Carter's Claim (failing finances) To access case file, copy and paste link The Wolfs (plaintiffs, husband and wife) sought to recover a $2450 deposit made under a contract to purchase a house that the
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