You need a process agent to receive service of court proceedings and other legal papers in the uk process agent when your company enters into cross-border financing transactions governed by English law. A professional process agent will maintain confidentiality and won’t disclose information relating to their appointment or the underlying transaction without the express permission of the appointing party.
Navigating Legal Matters: The Importance of a UK Process Agent
The role of a uk process agent is well known to international companies entering into transactions that are subject to English law, such as loans (bilateral or syndicated), swaps (ISDA Master agreements), credit facilities, leasing arrangements and other types of financing documents. A bank in England would typically require a borrower to appoint a process agent who can accept service of formal notices, should it become necessary.
When a contract party has no address within the jurisdiction of the English courts it may be required to include a clause in the contract that requires them to appoint a process agent, as referred to in Rule 6.1.1 of the Rules of the Supreme Court of England and Wales, in order to enable valid service upon it under those rules.
Amicorp UK offers a service to act as a uk process agent for clients who have entered into English law contracts that contain a Service of Process clause. Essentially, the client appoints Amicorp UK to accept service of any legal papers that are served in England on its behalf, and that appointment is confirmed by an agreed Process Agent Appointment Agreement between the two parties.
