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.

Filed Under: JIBFL

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