Execution of documents by virtual means

The ruling in R (on the application of Mercury Tax Group and another) v HMRC [2008] EWHC 2721 (Mercury) has led to discussion about the effectiveness in English law of using pre-signed signature pages, and virtual signings and closings where signature pages are exchanged by e-mail.

This practice note gives suggestions on good practice in light of the Mercury case and suggests different options for virtual signings/closings.

This is an evolving area of law and you should keep abreast of any relevant developments.

Execution of documents at virtual signings or closings – 16 February 2010