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Global | Publication | October 9, 2015
The statute of frauds is a venerable doctrine in real estate law, requiring most real estate contracts to be in writing. But in the age of tweets, texts and instant messages, do such informal communications qualify as "writings"?
The California Legislature attempted to answer that question with Assembly Bill 2136, which took effect Jan. 1 this year. It provides the "ephermeral" electronic communications, such as text messages and IMs, don't satisfy the statute's requirements for writings-meaning a contract reached using those kinds of communications may not be enforceable.
Read the full article: Can texts be writings under the statute of frauds
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On December 27, 2022, the European Regulation on digital operational resilience for the financial sector was published. It entered into force on January 17, 2023 and will apply as of January 17, 2025.
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Investors and advisers have been poised for a flood of distressed M&A transactions since the early days of the pandemic.
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Rising interest rates, long-lasting inflation, supply chain uncertainty, regulatory changes, pressure for business transformation, geopolitical instability, economists predicting a global recession – dealmakers are increasingly confronted with extremely challenging conditions that affect their M&A-roadmaps.
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