A process agent is the representative of a company or third party, who is contracted to receive legal papers on behalf of his contractor in the event court or arbitration proceedings are initiated.
If an individual or firm engages in a transaction that is subject to English law but who does not have a physical address or presence in England, serving court papers can be a difficult and lengthy procedure. For this reason it is standard business practice (and often a requirement) that an agent for the service of process is appointed to companies or parties without physical representation in England or Wales during business dealings.
Why Appoint a Process Agent?
The rules in England and Wales regarding the service of proceeding are very strict and sometimes hard to comply with. The process is made even more complicated if one of the parties is located overseas; so the main benefit of having a process agent is his appointment removes the necessity for court papers to be served to an international party abroad.
When you sign up a process agent, other companies will be more likely to want to do business with you as they can be confident that if they need to engage in legal proceedings, the court served papers will be accepted by a representative in the UK. For example, if a German company were to apply for a loan that was subject to conditions set in England, the lender will likely require that a process agent is appointed to receive documents on behalf of the borrower, should he default on repayments or violate other terms of the loan.
In today’s markets, where many business transactions take place cross-borders, the role of a process agent is very important. Assigning a professional process agent during a transaction gives all interested parties peace of mind that in the event legal proceedings are required, they can commence in a swift and correct manner.
Who can Act as a Process Agent?
While just about any individual with an address in England or Wales may take on the role of process agent legally, when appointing an agent for the service of process you are advised to appoint a professional who is familiar with relevant types of legal proceedings and who will treat your case as a matter of urgency.
Before appointing a process agent you should find out if he will be available to you in your time zone (which may vary considerably from business hours in the UK) and if he has the legal know-how to take care of the execution of sometimes complicated contracts in a timely fashion.
You must be able to trust your agent to receive service of process while maintaining the content and terms of any business agreements you have undertaken confidential.
Please note: This article is presented for informational purposes only, and is not intended to provide and should not be relied on for legal advice.
How to Combine Traditional and Modern Furniture With Style
Are you in love with both traditional and modern furniture styles? Do you feel like you can’t decide between those...
How to Organize Your Garage
Do you have so much stuff in your garage, your car is left out in the cold? Keep reading. Your...
Tips On Preventing Accidents In The Workplace and Keep Your Employees Safe
Preventing accidents in the workplace is both the moral and ethical responsibility of every employer. Knowing that there’s a safety...
4 Surprising Ways SaaS Can Be A Game Changer For Small Business
The World Wide Web will never run out of tips and strategies on how to grow your business. These days,...
Understanding SaaS, PaaS, IaaS Prior to Selecting One For Your Business
Summary: Cloud Computing is rising at a faster pace, and it’s crucially important for organizations to move to the Cloud...
5 Tips to Avoid Federal Tax Penalty For Taxpayers
When you are undergoing a tax issue, then it is vital to have knowledge of what are you up against...
Spy App For Android A Tool For Keeping Workplace
Dealing with routine matters has been a lot easier and stress-free thanks to modern technology. Want to order food, use...
How to Create A Backyard Zen Oasis
The lifestyle of the modern era usually depletes one’s energy by the time they get home from work. Whether or...
Mistakes You Need to Avoid When Preparing Your CV
Writing a CV can be hard. You have to somehow condense all your experience into 1 or 2 A4 pages....
Home Decor Trends For 2021: What You Can Expect
This year, the Covid pandemic has had a huge impact on many different industries and sectors and one which has...
5 Ways to Protect Your Teeth This Christmas
Christmas is just around the corner and the preparations are well underway for the festive day, even if it is...
How to Create A Referral Marketing Program In 6 Easy Steps
You may have heard of the benefits of a referral program. Besides helping you attract more traffic to your website,...
5 Important Web Design Considerations to Make For Better SEO
Ever since the birth of search engines, practices in optimising websites for better search rankings have changed considerably. Where it...
4 Reasons For Your Teeth Becoming Sensitive
Having sensitive teeth can be a common issue for many, but it can also be a sign that you have...
How To Keep Your Business Clean & Sanitised
If your business offers any kind of public-facing services, then you will likely be thinking a lot more about the...
- Tech6 years ago
Creating An e-Commerce Website
- Tech6 years ago
Design Template Guidelines For Mobile Apps
- Business5 years ago
The Key Types Of Brochure Printing Services
- Travel9 years ago
Who Else Wants Also Nfl Hat
- General6 years ago
Kobe Bryant With His Unique Nba Jerseys
- Tech7 years ago
Why Small Businesses Can't Ignore Mobile Technology
- Tech6 years ago
Climb Google Using These Checklists
- Health7 years ago
Health Supplements For Sports Activities Nutrition