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The final word on lawful act duress? Times Travel v Pakistan International Airlines and its impact on the banking sector
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This article, written by the counsel team who succeeded before the Supreme Court, discusses the recent key decision of the Supreme Court in Times Travel (UK) Ltd v Pakistan International Airlines Corporation concerning the law of economic duress and the impact on the banking sector. The specific issue raised was whether lawful act duress exists, and if so, in what circumstances. The Supreme Court held that the doctrine does exist, but only in very narrow circumstances.
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