News & Analysis as of

E-Signatures

Banking & Financial Services E-Note - March 2018

by Burr & Forman on

In an article published on February 1 in The Banking Law Journal, Ed Snow expands on the evolution of commercial loan closing mechanics over the last 20 years. Please see full E-Note below for more information. ...more

Structured Finance Spectrum - March 2018

by Alston & Bird on

The Structured Finance Spectrum is our newsletter featuring what’s new and newsworthy in structured finance—a look at what’s going on with the CFPB; significant developments in the regulatory, bankruptcy, and technology...more

Regulation Round Up - December 2017

by Proskauer Rose LLP on

1 December - The Financial Conduct Authority (FCA) published its 19th quarterly consultation paper (CP17/39). The proposed changes to the FCA Rules include changes to the FCA's Decision Procedure and Penalties manual,...more

E-employment contract

by DLA Piper on

Since 2007 employment contracts can be signed electronically. Moreover, it is also possible to send and archive various social documents electronically. Under the currently applicable provisions, an employment contract...more

Houston Court of Appeals Finds Pre-PSA Emails Created Binding Contract

by Winstead PC on

The use of email in modern transactions is pervasive. Few negotiating parties consider, however, the possibility that those emails may create a binding obligation when the transaction requires finalization through a formal...more

Oil, Gas and the Electronic Transactions Act

by Gray Reed & McGraw on

In the spirit of Halloween, Le Norman Operating v. Chalker Energy Partners III is about a scary statute: The Texas Uniform Electronic Transactions Act, the UETA....more

“Technically Speaking” – the Do’s and Don’ts of the New Maryland Electronic Filing Rules

by Pessin Katz Law, P.A. on

Currently 13 out of 24 counties in Maryland require electronic filing. Effective August 1, 2017, the Court’s Standing Committee of Rules of Practice and Procedure (the “Rules Committee”) revised the electronic filing rules to...more

Banking & Financial Services E-Note - September 2017

by Burr & Forman on

By now, most people that follow financial news are aware that the amount of troubled healthcare related companies are on the rise, which by its very nature, causes more distressed healthcare related debt in the market....more

Tips to Safeguard the Practice of Obtaining Electronic Signatures from Employees

by Nexsen Pruet, PLLC on

To meet the fast-paced demands of geographically diverse or mobile workforces, or simply for convenience’s sake, many employers have begun electronically disseminating company policies and agreements. However, these...more

Electric boogaloo: FDA releases sequel to 2003 guidance on use of electronic records and electronic signatures in clinical...

by Hogan Lovells on

On 21 June 2017, FDA announced the availability of a new draft guidance titled "Use of Electronic Records and Electronic Signatures in Clinical Investigations Under Part 11 — Questions and Answers." The draft guidance is...more

Trust No One - Lunchtime Deals Should End in Intention, Not Retention

by Burr & Forman on

What You Can Learn about Vendor Management from the DocuSign Breach While some industries may get away with the “trust but verify” model, heavily regulated industries such as financial services have no such luxury. Trust...more

DocuSign Breach Leads to Email Malware Campaign Requesting Wire Transfers

Electronic signature technology company DocuSign has admitted that it suffered a breach of one of its computer systems resulting in stolen data including customer and user email addresses. The breach has allowed the hackers...more

Watch What You Click (Again!): DocuSign Confirms Data Breach Incident

by Selman Breitman LLP on

Well-known and very popular digital signature service DocuSign acknowledged a data breach incident in which a large number of customer email addresses were stolen. The company announced on its website that the data stolen was...more

NASAA adopts statement of policy to usher in e-delivery and e-signature for non-traded offerings

by DLA Piper on

Under an initiative approved last week by the membership of the North American Securities Administrators Association (NASAA), sponsors, issuers, broker-dealers and others involved in the offer and sale of shares of non-traded...more

Yesterday, #WannaCry. Today, #DocuSignPhish

Another day, another data incident. If you use DocuSign, you’ll want to pay attention. The provider of e-signature technology has acknowledged a data breach incident in which an unauthorized third party gained access to...more

Electronic Signature Pads: I Didn’t See Those Terms

by BakerHostetler on

Although we healthcare lawyers generally view ourselves as a pretty healthy lot, there are times when we are patients too. In a recent experience I was asked by a provider’s employee to sign several registration and privacy...more

New York Codifies Definition of Consummation Facilitating TRID Compliance

by Ballard Spahr LLP on

The New York Senate has approved Bill 982, which amends state law to expressly allow for execution of a mortgage loan by electronic signature. In connection with this amendment, the term “consummation of a mortgage loan” also...more

Arizona Authorizes Smart Contracts on a Blockchain

by Snell & Wilmer on

Last week, Arizona Governor Doug Ducey signed into law HB 2417 that amends Arizona law to provide that signatures secured through blockchain are valid electronic signatures and that smart contracts are legal, enforceable...more

Electronic signatures: are we getting there?

by Locke Lord LLP on

Despite the availability of a wide variety of technology solutions which allow parties to use electronic signatures with a level of certainty comparable to that of using handwritten signatures, and the existence of a legal...more

Puerto Rico Issues Comprehensive Labor Law Reform

by FordHarrison on

On January 26, 2017, Puerto Rico’s Governor, Ricardo Roselló, signed into law the Labor Transformation and Flexibility Act (the “Act”). The Act represents the first significant and comprehensive labor law reform to occur in...more

Using Electronic Signatures

Over the last decade, electronic signatures have become ubiquitous. As a society, we have become accustomed to the ease and convenience of clicking the “I Accept” button when a cell phone company updates its terms and...more

Mercury signing – guidance on the execution of documents

by Reed Smith on

Following the decision in the Mercury Case, a practice of ‘virtual signings and closings’ has developed to avoid the logistical problems in getting a document signed. This guidance provides a non-exhaustive range of options...more

Court Affirms Electronic Notes are Enforceable in Florida

Recently, the District Court of Appeal for the Fourth District of Florida affirmed that electronic signatures are enforceable against a borrower in a foreclosure action. On April 1, 2008, two borrowers executed an electronic...more

TechConnect - Your Law Firm Link to Industry News - July 2016

by Mintz Levin on

Letter from the Editors - Dear Readers, One of the interesting facts that we have learned over the years is that there appears to be a correlation between the NASDAQ public market (which is heavily weighted with...more

Electronic Signature Regulation Now Effective

by Reed Smith on

Tasked with harmonising the disparate member state legislation that implemented the eSignatures Directive (Directive 1999/93/EC), Regulation (EU) N°910/2014 (the “eIDAS” Regulation) became effective 1 July this year. The...more

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