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BLUMENTHAL v. TENER

227 A.D.2d 183 (1996)

642 N.Y.S.2d 26

Steven J. Blumenthal et al., Respondents, v. Martin B. Tener et al., Appellants

Appellate Division of the Supreme Court of the State of New York, First Department.

May 9, 1996

The option agreement, promissory note and confession of judgment at the heart of this litigation are asserted to have been executed under economic duress. Where one party establishes it entered into an agreement by means of a wrongful threat precluding the exercise of free will, the agreement is voidable on the grounds of duress (Austin Instrument v Loral Corp., 29 N.Y.2d 124, 130). It...

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