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ARTICLE · 13 SEPTEMBER 2018

A Contractual Term Solid As A Rock

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Non-Lawyers may be surprised to know that the omnipotence paradox is a commonly considered topic by law students.

Cayman IslandsCorporate/Commercial Law

In a review of a recent judgment of the United Kingdom Supreme Court, which overturned longstanding precedent on No Oral Modification clauses, partner Ben Hobden and associate Spencer Vickers of Conyers Dill & Pearman in the Cayman Islands find the decision will provide welcome certainty on contracts.

Non-Lawyers may be surprised to know that the omnipotence paradox is a commonly considered topic by law students. The paradox is expressed in the question: "Can an omnipotent being create a rock so heavy it could not lift it?" In law school, the question instead is: "Can two parties agree a term so enduring that they could not subsequently agree to deviate from that term?"

The United Kingdom's Supreme Court judgment of 16 May 2018, which will be of guidance to Cayman Islands courts, in the aptly named Rock Advertising v MWB Business Exchange Centres provides an answer to the question. The court was asked to consider whether a written contract which required

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