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Commercial division update: Forming binding agreements through email
New York courts treat emails as valid for forming contracts if they show mutual agreement, clear terms and meet formal requirements.
Many foreign businesses have a significant presence in the United States. Consequently, it is common for foreign debtors, trustees, liquidators and administrators, acting as “foreign representatives,” to seek relief under Chapter 15 in the United States. This article focuses on some of the significant Chapter 15 decisions issued by the US courts in 2021.
Publication
New York courts treat emails as valid for forming contracts if they show mutual agreement, clear terms and meet formal requirements.
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