Comment Concerning Use of Electronic Signatures and Third-Party Opinion Letters—March 24, 2020
TriBar Opinion Committee, 75(3): 2253-2256 (Summer 2020)
Parties to business transactions and their counsel seldom gather in the same location to exchange manually signed agreements and other documents; virtual closings have been and are the norm. The COVID-19 crisis has resulted in increased focus on the widespread practice of giving opinions on the execution of agreements signed electronically and delivered at virtual closings. This Comment explains the legal basis for the conclusion underlying those opinions that the electronic signatures on those agreements have the same legal effect as manual signatures.