Why ESIGN is Not Enough to Keep You Out of Court
Silanis Inc. presents a free seven-page white paper that discusses how to enforce e-signed contracts and minimize exposure to legal and compliance risk.
Today, closing business quickly and efficiently is about getting the signature – without using paper. Clearly, electronic signatures and transactions are the answer. But if you think all e-signature solutions provide the same level of enforceability in the event of a contract dispute, think again, the company says on its website.
The federal ESIGN and state UETA laws gave electronic signatures and records the same legal weight as their paper counterparts but these laws do not give e-signatures any special status. Essentially, it is the strength – or weakness – of your electronic evidence that determines your exposure to legal and compliance risk.
To help enforce your e-signed contracts, this complementary report presents the recommendations of three legal experts: Pat Hatfield and Greg Casamento, partners at Locke Lord LLP, and Frank Zacherl, litigator and partner at Shutts & Bowen LLP.
