Process agent
A process agent is a designated party who accepts legal documents and notices on behalf of another company, seeking to participate in an international transaction but doesn't have a physical presence or registered office in a specific jurisdiction.
A process agent is a designated party who accepts legal documents and notices on behalf of another company, seeking to participate in an international transaction but doesn't have a physical presence or registered office in a specific jurisdiction.
A typical arrangement involving a process agent
This is where an overseas entity raises a loan from an institution. The lending institution will require the overseas entity to appoint a domestic process agent to whom they can deliver court proceedings in the unfortunate event that the overseas entity defaults on that loan.
Typically, our role will include acting as a process agent for court actions, receiving documents in connection with arbitration proceedings and receiving notices under contracts where an independent party is needed.
Why choose Vantru?
- Independent regulated professional services firm
- Financial services expertise
- Experience dealing with variety of agreements
- Global capabilities
Our services include
- Processing court actions
- Receiving arbitration documentation
- Receiving notices for variety of contracts
How it works
- We begin with a consultation and assess your specific needs
- Following this assessment, we provide you with a tailored service proposal
- Our process agent team prepares our letter of appointment working closely with external legal advisers
Get started today
We can an serve as the process agent for clients who are entering into transactions governed by UK and Irish Law, and can assist with the engagement of a registered agent as required by law in other European and offshore jurisdictions.