Legal formalities for agreements used by online platforms for financing trade receivables

Legal formalities for agreements used by online platforms for financing trade receivables

Online platforms for financing trade receivables automate the sale of debts to investors. English law adopts a flexible approach to statutory requirements for legal documents to be in writing and signed. It accepts that an agreement may be in writing if words are displayed on a screen, and that an intention on the part of the signatory to authenticate the document may take the form of an electronic signature.

Click here to read the full article by Clive Freedman, barrister at 3 Verulam Buildings.

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About the author:

Neeta started her legal career at Allen & Overy in 2008 in the midst of the global financial crisis and the collapse of Lehmans where she gained most of her paralegal experience.

Neeta also did a short stint in litigation at the Revenue and Customs Prosecutions Office in 2006. Neeta graduated with a 2:1 honours degree from University of London, Queen Mary College and went on to obtain a distinction from the College of Law in the Legal Practice. She has been working at Lexis Nexis since April 2013.