IRS Adds Additional Forms That Can Be Signed Electronically Related to the Pandemic

On August 28, the IRS announced that it would temporarily allow the use of digital signatures on certain forms that cannot be filed electronically. As of September 11, 2020, they added several more forms to that list.

To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Project Development/Infrastructure/P3 Blog.

Myanmar: Validity of Electronic Signatures

The COVID-19 pandemic impacts all aspects of our daily life. Government authorities around the world  impose various measures to reduce the physical contacts among people, including travel ban and movement restriction (i.e. stay-at-home order). Nevertheless, transactions can still be performed by electronic means, including electronic communication/transmission and execution by e-signature at this point of time. To be in trend with the digital age, Myanmar also allows electronic signature documents to be exhibited as evidence in Myanmar Courts as well as recognizes the legal validity of electronic signature inserted onto commercial documents.

To read the full text, please visit the Duane Morris & Selvam COVID-19 Resource Blog.

Singapore: Legislative Framework for Security and Use of Electronic Signatures

For most of us working from home and actively telecommuting to help stem the tide of local transmissions of COVID-19 during this crucial period of time, technological advancements in the medium of digital communication and remote access have been a boon.

It is thus timely to restate the guiding principles of “electronic signatures” and its use in electronic records and transactions that have become increasingly commonplace.

To read the full text of this article, please visit the Duane Morris & Selvam COVID-19 Resource Blog.

Social Distancing and Notarization During the COVID-19 Pandemic

With most of the country under stay-at-home orders and practicing social distancing, COVID-19 has become a major disruptive force for the indefinite future. One of the many business areas severely hindered by COVID-19 is contractual relationships between parties. Consenting parties to a new contract may agree that a PDF signature page sent by email suffices in these times, but what about statutory requirements that have to be satisfied? Real estate deeds and mortgages generally need to be notarized to be accepted for recording and for title companies to insure them. A will or trust agreement drawn up during the pandemic may need to be notarized as well to be given effect. Usual notary requirements include in-person, physical presence before the notary. How does that work with social distancing?

To read the full text of this Duane Morris Alert, please visit the firm website.

Use of E-Signatures, E-Notarizations and Remote Notarizations to Close Transactions Amid the COVID-19 Outbreak

Following the coronavirus (COVID-19) outbreak, businesses and institutions have taken sweeping preventative measures to restrict or eliminate in-person meetings and gatherings. To prevent further interpersonal spread of the virus while carrying on scheduled transactions, businesses should understand the current legal landscape governing electronic signature, electronic notarization and remote notarization laws, regulations and issues at play.

To read the full text of this Duane Morris Alert, please visit the firm website.