Document background
A General Mutual Release is commonly used in Switzerland when parties wish to achieve a complete and final settlement of all claims and potential claims between them. This document is particularly valuable following the resolution of a dispute, the termination of a business relationship, or as part of a settlement agreement. The release, governed by Swiss law, typically includes comprehensive definitions of released claims, clear identification of parties, and specific provisions required under Swiss legal principles. It serves as a risk management tool by preventing future litigation and providing certainty to all parties involved. The document must comply with Swiss contract law requirements, particularly those set forth in the Swiss Code of Obligations, and should be drafted with consideration of Swiss civil procedure rules for enforceability.
