Share on LinkedInShare on LinkedIn

ARTICLE · 16 DECEMBER 2024

Collas Crill Contributes To Unilateral Option Clauses Survey 2024

Collas Crill
Collas Crill
Contributor
Collas Crill

Collas Crill

Firm Details: Chief Executive Officer: Jason Romer Managing Partners: Bermuda: Lilla Zuill, BVI:...

View firm profile
Explore more from Collas Crill

Collas Crill has contributed to the Clifford Chance Unilateral Opinion Clauses Survey 2024.

JerseyFinance and Banking

Collas Crill has contributed to the Clifford Chance Unilateral Opinion Clauses Survey 2024.

Guernsey Managing Partner Gareth Bell and Professional Support Lawyer Jack Crisp authored the Guernsey response, while Partner Simon Hurry and Senior Associate Karen Stachura authored the Jersey response.

The 2024 survey, which categorises the current effectiveness of unilateral option clauses around the world, provides an expanded update to the 2021 survey and covers 120 jurisdictions.

In Guernsey, Gareth and Jack explained:

While the courts of Guernsey have not yet examined the validity of unilateral option clauses, it is thought that the courts would generally uphold such clauses as valid, following the approach adopted in England and Wales. However, a unilateral option clause in a consumer contract that gives the option to the non-consumer may be considered unfair, and therefore unenforceable against the consumer. There is no reason to believe that an arbitral

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from