What is economic duress

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Question: New Horizon Deli, Inc. leased property from 1266 Apartment Corp. After the lease expired, New Horizon continued in possession and paid rent each month. Three years later, Russell Dizon, the president of New Horizon, fell in front of the property allegedly on ice resulting from an accumulation of inadequately cleared snow. Later, 1266 offered a three-year lease with a $500 increase in monthly rent. A few months later, Dizon sued 1266 for his injuries from his fall. During further negotiations, 1266 said it would not sign a lease as long as Dizon maintained his personal injury action. When New Horizon failed to vacate, 1266 sued for eviction. New Horizon alleged 1266 subjected it to economic duress. Did it?

Reference no: EM131471543

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