In all industries, but especially the legal profession, signed documents are exchanged between parties all of the time; it is part of our everyday lives. Electronic signatures and document exchange have been around for a while but we can now sign and share contracts via smartphones.
Personal guarantees have become a common part of many commercial transactions, often being provided by company directors and their spouses or relatives. However, in our experience, the extent of such guarantees are often misunderstood and can create unexpected consequences when businesses experience financial difficulty. In extreme circumstances, they can be the cause of relationship breakdowns [...]