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A settlement offer must be accepted unequivocally without variance (US)

Photo of Patrick Bracher (ZA)
By Patrick Bracher (ZA) on April 1, 2022

A US case has reaffirmed that where a settlement offer is made it must be accepted unequivocally and without variance of any sort otherwise it is not an acceptance but a rejection or counteroffer.

A settlement offer and acceptance is a contract formed like any other contract.  Settlement agreements must meet the same requirements as…

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Norton Rose Fulbright’s financial institutions team provides straightforward legal updates. Our lawyers offer local insights with an international perspective recognised worldwide. This blog focuses on the South African market and is about sharing knowledge with you. Blog posts are not legal advice.

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