Friday, August 26, 2011

Second Circuit -- Interpharm, Inc. v. Wells Fargo Bank, N.A.

 Where a lender has the right to cut off credit and demand repayment, threats to do so are not wrongful, and therefore not grounds for a claim of economic duress.


No threat to withhold performance of contract.

Interpharm, Inc. v. Wells Fargo Bank, N.A.
Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.