Unsigned Contract Still a Written Contract
Can an unsigned contract still be a contract? The answer is yes, for statute of limitations purposes, says the 7th Circuit Court of Appeals, according to Stephen M. Proctor in a post for Masuda, Funai, Eifert & Mitchell.
On this basis, he writes, it permitted a Chicago law firm to pursue a claim of unpaid fees against a foreign company and its U.S. subsidiary.
The court’s ruling quoted prior cases: “A contract is deemed written for these purposes ‘if parties are identified and all the essential terms are in writing and ascertainable from the instrument itself.’”
