Remedies for Economic Duress

Question 1

are claims for economic duress (financial threats) awarded damages?

Answer 1

no. instead the court can make an order for restitution of property or money.

Question 2

what is restitution?

Answer 2

restitution is an equitable remedy that restores the injured party to their original pre-contract position

Question 3

difference between recission and restitution

Answer 3

recission is similar to restitution (also an equitable remedy) but recission puts both parties back to original pre-contract positions.