ALECTO RESTRUCTURING LTD
We buy what others write off.
Alecto Restructuring Ltd acts where ordinary recourse has been exhausted. We advise in matters that do not survive disclosure, mediate conflict that can go neither to court nor into the open, pursue claims on mandate, and acquire what has been written off. A claim that has been written off remains a claim.
Apply or enquireWhy people come to the firm
People come when ordinary recourse has run out — when the matter cannot be filed, cannot be litigated, or cannot be made public, and still has to end. Counsel has done what counsel can do. The bank has booked the loss. The adviser has closed the line. The authorities are not available, not interested, or not the answer. The matter remains, and someone has to carry it. The firm takes it on, in confidence, and sees it through. Where the situation requires the firm to be in the room, the firm is in the room.
- A claim others gave up on
- A dispute that cannot go public
- A matter the authorities cannot or will not handle
- A counterparty who assumed the file had closed
- An obligation written off but not forgotten
- A position that has to end, and has not ended on its own
Every approach is treated in confidence, from first contact.
What the firm does
Advisory
Counsel in matters that conventional channels cannot resolve, and in matters where the conventional channel was never the right place. The work concerns positions that do not survive disclosure, situations where reputational, relational or familial exposure rules out the open route, and matters that have escaped the categories under which they were first filed. The client is typically already late — counsel has done what counsel can do, the bank has booked the loss, the family adviser has closed the line, and the authorities are not available, not interested, or not the answer. The firm reads the file, identifies what the situation actually rewards, and acts. By application, in confidence, on retainer. The firm declines more than it accepts.
Conflict mediation
Direct engagement of the counterparty on the client's behalf, in matters where the dispute can go neither to court nor into the open. This is not facilitation between two parties at a table. The file is taken from the client and operated by the firm. The counterparty's calculation — that silence, distance, time or position would carry the matter — is identified and reversed. The counterparty is read for what they respond to, and the response is delivered at the point where it lands. Where presence is required, presence is brought. Where the room has to be entered, the room is entered. Discretion is operational. The firm holds single-point authority over the file from first contact through closure, and the settlement is held in operation, not on paper alone. The settlement holds because the file is held.
Collection on mandate
Pursuit of a claim for the original holder, under standing terms set out in writing at the outset. The holder retains title; the firm operates against the obligation. Nothing is owed to the firm unless something is recovered. A debtor who has structured silence, distance, restructuring or relocation into a strategy is read accordingly. The firm reaches the debtor where the debtor can be reached, and applies what the debtor responds to. The obligation is the object — not the counterparty's mood, situation, or confidence that the file had closed.
Acquisition
The firm buys the claim outright where the matter warrants. Receivables that have been written down, written off, or quietly abandoned are reviewed on their own merits and assumed in full. Pricing is offered in writing; the firm does not bid against itself. On transfer, the receivable leaves the seller's balance sheet and ceases to be their concern. The firm thereafter bears the cost and the risk, and recovers on its own account. What is purchased becomes the firm's own. The debtor's relationship is with the firm from that point forward. The seller's interest in the file ends; the file does not.
The principle
Nothing is too far gone
A claim written down, written off, or quietly abandoned is reviewed on its own merits. Age is not closure. Silence is not settlement. A counterparty who has waited the matter out has waited on the assumption that no one would come; that assumption is the asset the firm works against.
The matter is read for what it actually is
Files do not arrive in the categories under which they are first described. The firm reads the file, identifies what the counterparty actually responds to, and applies the response at the point where it lands. Categories are for the index; the work is in the room.
Authority is single-point
Every file is held under one hand. There is no committee to lobby, no junior to wear down, no rotation of contact that resets the matter. The position the firm takes at the outset is the position the firm holds.
Discretion without exception
What is communicated to the firm stays with the firm, subject only to the limits set out in the terms of engagement. The firm does not publish its files, does not name its clients, and does not confirm or deny the existence of a mandate to any third party. Counterparties learn of the firm's involvement when the firm decides they should, and not before.