Profesional. Trustworthy. Honest.
OUR TEAM
At Zabulis Legal, our expert team offers personalized solutions for business and people. With a client-focused approach, we help businesses and private clients navigate complex legal challenges and focus on growth.
Vincentas Zabulis, LL.M (UCL)
Managing Partner, Solicitor, Attorney at Law
PRACTICE AREAS - M&A, Financial Services, Debt Collection, Litigation, Corporate & Commercial Law, Energy law, Immigration law, Insolvency & Restructuring, Real estate.
Vincentas is a finance and corporate & commercial lawyer, founder at Zabulis Legal, where he focuses on creating value to clients and looking after the team. He was a co-founder at fintech start-up SAVY (www.gosavy.com), and recycling start-up Naudae (www.naudae.com), gained experience in private equity at the GEM Group (www.gemny.com), worked at commercial bank EBDS, and was trained at Baltic law firm Sorainen.
Vincentas has practical business development, investment and start-up experience. He is valued by clients for analytical thinking, responsibility, and business mindset. He is a freelance solicitor in England & Wales (2019-), and attorney at law in Lithuania (2014-), and has an LL.B (MRU), LL.M (UCL), and GDL (BPP University)
Greta has almost 7 years of legal experience, which she gained working as a lawyer in law firms and the first crowdfunding platform startup in Lithuania. Her specialization is corporate & commercial contract services, M&A, and banking and finance law. Additionally, she obtained legal experience and training working in litigation, real estate, energy&infrastucture, and renewables source projects.
Greta developed savvy business mindset and can see the big picture. She is valued by clients for her orientation towards results, high sense of responsibility, and attention to detail.
Greta has a Masters of Law (Vilnius University).
Tomas Pelėdžius is a finance lawyer with more than 8 years of legal experience. He was one of the key persons building SAVY (Lithuanian Fintech company) from 2016 to 2023 while working as SAVY in-house lawyer, later as head of legal.
Tomas has leadership qualities in leading financial institution in processes such as licensing, compliance, AML/CTF, development of products (consumer and mortgage lending, business loans), legal risks management, also through various inspections, visits, studies and analysis conducted by the Bank of Lithuania and Financial Crime Investigation Service.
Tomas has an LL.M (Vytautas Magnus University, 2015)
PRACTICE AREAS - Corporate & Commercial Law, Intellectual Property Law, Family Law, Criminal Law, Legal advice and other alternative dispute resolution methods.
Jolanta is an Associate at Zabulis Legal specialising in Dispute resolution. Jolanta is in charge of procedural documents and also represents clients in complex and large-scale commercial disputes. Jolanta also focuses on intellectual property law, advising clients on trademarks, as well as IP licensing issues.
Jolanta’s professional strengths include a practical understanding and management of client needs, sharp focus on the key issues, exceptional academic legal knowledge and its successful application in practical situations.
Jolanta has a Masters of Law (Vilnius University).
PRACTICE AREAS – Corporate and Commercial Law, Debt Recovery, Labour law, Intellectual property law, Licensing, Public procurement.
Before joining the Zabulis Legal team, Ingrida gained experience as an in-house lawyer at one of the oldest and largest manufacturing companies in Lithuania, so she is well versed in the fields of import/export, personnel, public procurement, marketing and logistics, and has professional experience in advising on everyday business decision-making issues. She also accumulated many years of experience in the execution of executive documents while working in a bailiff's office.
Clients value Ingrida for her ability to quickly understand their operational and business needs, as well as her orientation towards results and high professional goals.
EXPERTISE
At Zabulis Legal, we pride ourselves on our extensive qualifications and experience in legal compliance and fintech solutions. Since 2014, our team has successfully guided clients through complex regulatory landscapes in the UK and EU/EEA, specializing in AML/KYC, GDPR, PSD2, financial services, immigration law, and private client. Our certifications and expertise in these areas ensure that your business stays compliant and risk-free while expanding in the highly regulated financial technology space.
Why Choose Us
Expertise Across Diverse Legal Fields
A team of seasoned professionals across a wide spectrum of legal domains.
Agile and Business-Centric
An agile approach with a focus on aligning legal solutions with your business goals.
International Practice
Extensive experience in navigating global legal landscapes.
Startup Advocacy
Dedicated support for startups, fostering growth with tailored legal solutions.
Educational Support
Empowering clients with ongoing education and clear communication.
Understanding Statutory Demands as an Effective Tool for Debt Recovery in England and Wales
What is a Statutory Demand?
Creditors often face difficulties recovering debts from individuals or businesses that refuse or fail to pay what they owe. Unpaid debts can significantly impact a creditor's cash flow and overall financial health, leading to further complications in their business operations. A statutory demand is a formal, legal document issued by a creditor to a debtor demanding payment of an outstanding debt. It can be used as a first step in the process of debt recovery, yet there are important limitations.
Purpose and Consequences of a Statutory Demand
A statutory demand serves two primary purposes:
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Initiating Debt Recovery: It formally notifies the debtor of the outstanding debt and the creditor's intention to pursue legal action if the debt is not paid within a specified period.
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Triggering Insolvency Proceedings: If the debtor fails to pay the debt within 21 days, the creditor can use the statutory demand as a basis to petition for bankruptcy (for individuals) or winding up (for companies).
The consequences of ignoring a statutory demand can be severe. For individuals, it can lead to bankruptcy, affecting their credit rating and personal assets. For companies, it can result in compulsory liquidation, where the company's assets are sold to pay off the debt.
