DOCTRINE OF ECONOMIC DURESS VALID UNDER OKLAHOMA LAW / RULES STATE SUPREME COURT

The Journal Record | December 17, 1986| | Copyright

The doctrine of economic duress may be used under Oklahoma law to invalidate settlement agreements or enforce contracts, according to a landmark Oklahoma Supreme Court brief filed Tuesday.

The brief represents the first time the theory of economic duress has been addressed under state law.

Although Oklahoma courts have never used the specific nomenclature "economic duress," the state has acknowledged that contracts may be avoided because of economic duress/business compulsion, the justices said.

"It is apparent that Oklahoma has long recognized economic duress as a valid basis for ...

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