Justitia Legal Limited
Experts at assisting insolvency firms to recover outstanding funds from directors
Justitia Legal
Justitia Legal is a specialist company offering a unique and professional service to insolvency practitioners in the recovery of a range of debts owed by directors of insolvent companies.
At Justitia Legal we provide a fast and efficient service to Insolvency Practitioners. We assist the Office Holders of companies in Liquidation and Administration to recover moneys due from directors in respect of:
- Overdrawn director’s loan accounts
- Preferences
- Illegal dividends
- Transactions at an Undervalue
- Bounce Back Loans
- Other recoveries
We work with insolvency practices of any size and, when you instruct Justitia Legal, you have the comfort of knowing that every effort will be made to recover outstanding debts for the benefit of the insolvent estate.
Why instruct Justitia Legal?
- The Team at Justitia Legal has over 50 years’ experience in the insolvency profession
- We understand regulation in the insolvency profession with compliance a priority
- We are niche in the marketplace, in that we effectively ‘sit between’ the IP and solicitors
- We negotiate settlements with directors to the satisfaction of all stakeholders
- We take time to explain to directors why they owe money with a view to negotiating settlements to the satisfaction of all stakeholders and within a short timescale
- We will instruct solicitors if ultimately necessary
- ‘No win, no fee’
30+
Cases Solved
100+
Happy Clients
50+
Years Expertise
2
Legal Associates
The Process
Lead Handoff and Background Review
The process begins when an Insolvency Practice introduces our firm to the director along with the background information and status report on the case. This initial documentation provides us with a comprehensive understanding of the case, including key details and current status.
Internal Case Review
Our team conducts a thorough internal review of the case. This involves examining all aspects, including the asset base of the former director. If necessary, we will perform a trace to gather additional information, ensuring that we have a complete picture before proceeding.
Communication with the Former Director
Once our review is complete, we draft and send a formal letter to the former director. This letter outlines the case details and initiates the process of negotiation. Our communication is designed to be clear, professional, and informative.
Negotiation
We then enter the negotiation phase, engaging directly with the former director. Our experienced team works to reach a fair and equitable settlement, using our extensive expertise to navigate any complexities that may arise during discussions.
Settlement Agreement
Upon reaching an agreement, we formalise the settlement with the former director. This step ensures that all terms are clearly defined and mutually agreed upon, paving the way for a smooth resolution.
Review with Insolvency Practitioner
Following the agreement, we conduct a review with the Insolvency Practitioner (IP) to ensure that the settlement aligns with their expectations and regulatory requirements. This collaborative review helps to confirm that all aspects of the case are addressed appropriately.
Case Closure and Documentation
The final step involves closing the case. We document all the work undertaken throughout the process and provide a detailed recommendation. This documentation is crucial for maintaining a clear record of the case and supporting any future regulatory or procedural requirements.
Awards & Recognitions
Best Law Firm Award
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Best Law Firm Award
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Best Law Firm Award
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Best Law Firm Award
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Best Law Firm Award
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Best Law Firm Award
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Benefits
Close Cases
Justitia Legal can work with you to close cases
Limit Exposure
Justitia Legal brings certainty to a case without financial exposure to the Insolvency Practitioner.
Increased Efficiency
Increased efficiency due to streamlined processes.
Greater Return
Greater percentage return for IP in most cases using fee caps for out of court settlements.
Forensic Accounting
Forensic accounting with potential of boosting claims.
Communication
Single line of communication and reporting.
Steamline Cases
Justitia Legal can complete the investigation work and prepare reports for the Insolvency Practitioner to streamline case progression practice wide.
Timescales
Bespoke routes of recovery to achieve (bring) shorter timescales.
Less Stringent
Less stringent criteria for case acceptance.
Maximum Recovery
Court actions when required but intelligently balanced to ensure maximum recovery to the estate.
Payment Plans
Justitia Legal manage payment plans and provide monthly statements.
Office Locations
Vancouver
Howe St, Vancouver, BC VZS 2S8, Canada.
+1 12345 67890
Montreal
Henri Ave, Montreal, QB H2S 3S3, Canada
+1 12345 67890
Toronto
Kingston 584 Toronto M4L 1V3, Canada
+1 12345 67890
What Our Clients Say
Testimonials from directors
John Johnston
Jessica Smith
