Email Guarantees are Ok

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Wednesday, November 22, 2023

See our Guarantees page for more information regarding Guarantees.

Our rates and fixed prices are lower than the prices charged by many Perth Commercial law firms because we own our offices so we don't pay the exorbitant St George's Tce rent that many commercial law firms do.  

A recent case decided in the UK Court of Appeal in March means that guarantees via email, even without signatures, comply with the Statute of Frauds and can be enforceable.

Prior to Golden Ocean Group v Salgaocar Mining Industries (2012) EWCA Civ 265, it wasn’t certain whether a guarantee that wasn’t signed was enforceable. However, this case explains that in this technologically evolving era, as long as emails are precise, a first name, initials, or perhaps even a nickname would be sufficient to satisfy the signature requirement as required by the Statute of Frauds.

Liability limited by a scheme approved under Professional Standards Legislation.

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