Since this looks like Kotlin, worth pointing out that there is a kotlin class in the standard library called Result. I've been using that for a few things. One place that I'm on the fence about but that seems to work well for us is using this in API clients.
We have a pretty standard Spring Boot server with the usual reactive kotlin suspend controllers. Our api client is different. We were early adopters of kotlin-js on our frontend. Not something I necessarily recommend but through circumstances it was the right choice for us and it has worked well for us in the last five years. But it was a rough ride especially the first three of those.
As a consequence, our API client is multiplatform. For every API endpoint, there's a suspend function in the client library. And it returns a Result<T> where T is the deserialized object (via kotlinx serialization, which is multiplatform).
On the client side, consuming a result object is similar to dealing with promises. It even has a fold function that takes a success and error block. Basically failures fall into three groups: 1) failures (any 4xx code) that probably indicate client side bugs related to validation or things that at least need to be handled (show a message to the user), 2) internal server errors (500) that need to be fixed on the server, and 3) intermittent failures (e.g. 502, 503) which usually means: wait, try again, and hope the problem goes away.
What I like about Result is making the error handling explicit. But it feels a bit weird to client side construct an Exception only to stuff it into a Result.error(...) instead of actually throwing it. IMHO there's a bit of language friction there. I also haven't seen too many public APIs that use Result. But that being said, our multiplatform client works well for our use.
But I can't expose it to Javascript in its current form; which is something I have been considering to do. This is possible with special annotations and would mean our multiplatform client would be usable in normal react/typescript projects and something I could push as an npm. But the fact my functions return a Result makes that a bit awkward. Which is why I'm on the fence about using it a lot.
So, nice as a Kotlin API but good to be aware of portability limitations like that. You would have similar issues exposing Kotlin code like that to Java.