A contract may be voided on the ground of economic duress where the complaining party was compelled to agree to its terms by means of a wrongful threat which precluded the exercise of its free will. Financial pressure and an unequal bargaining position do not constitute economic duress. The threatened party must establish that it could not obtain the goods from another source of supply and that the ordinary remedy of an action for breach of contract would be inadequate.
Southern Israel Bridging Fund Two, L.P. v. Orgenesis, Inc., NY Slip Op 00328 (1st Dep't January 22, 2026)
