Business Rescue Know How Seminar The State of the Art Monday 31st March, 4.30pm-6.30pm Intech Technology Centre, Winchester

State Securities, Lester Aldridge and Fanshawe Lofts are hosting a seminar on the serious implications of the new Enterprise Act and the ruling in the 'Brumark case.

State Securities, Lester Aldridge and Fanshawe Lofts are hosting a seminar on the serious implications of the new Enterprise Act and the ruling in the 'Brumark case. The enlightening presentation and discussion is aimed at the business man, the professional market, including accountants, insolvency practioners, banks, Business Link, turnaround professionals and business advisors.

An evolving culture of business recovery, supported by such Government legislation and case law, has meant the business environment will never be the same again. Businesses are blissfully unaware of the current changes in legislation and the consequences they could have on the businessman," commented Paul Burke, Director, State Securities. The legislation is business friendly. This is a battle for hearts and minds and in due course I hope we will see many more businesses rescued," agreed Antony Fanshawe of Fanshawe Lofts.

The law affecting distressed companies is changing rapidly. These changes are important for anyone in business and will affect what they need to do if any of their customers get into difficulty, or even if they themselves have financial problems. There will be a knowledgeable panel of speakers at the seminar and it looks like it will be a lively and informative occasion," added Malcolm Niekirk, head of Lester Aldridges Corporate Recovery team.

For tickets (Priced 25) contact Jo Macklin
t 01489 775600
e marketing@statesecurities.plc.uk

-Ends-

Notes to Editors :

State Securities
Contact : Jo Macklin, t 01489 775600, jmacklin@statesecurities.plc.uk

State Securities assists business customers who are looking to raise finance for the acquisition of new or used assets, along with the re-financing of assets already owned by the business. It also provides commercial mortgages for properties such as factories, warehouses, offices and retail outlets.

State Securities works with a wide range of clients, including public and private limited companies, partnerships and sole traders, and it helps companies that have difficulty in raising finance in a short period of time, for example new start businesses and businesses in corporate or individual voluntary arrangements.

State Securities has over 20 years experience in the asset financing market and is part of the Abbey National Group.

Lester Aldridge :
Contact: Malcolm Niekirk, Lester Aldridge, Alleyn House, Carlton Crescent, Southampton SO15 2EU, t 023 8082 0400, malcolm.niekirk@LA-law.com

Lester Aldridge has one of the strongest legal teams specialising in corporate recovery work on the south coast. With two licensed insolvency practitioners on the team they are genuinely entitled to refer to themselves as experts in the field and independent guides such as the Chambers directory recognise that expertise. Lester Aldridge's corporate recovery team advises banks, financiers and insolvency practitioners as well as working with companies in financial difficulties or that may wish to acquire distressed businesses.

For general information about Lester Aldridge please visit the website:
www.lesteraldridge.com

Fanshawe Lofts :
Contact : Antony Fanshawe, Fanshawe Lofts, 41 Castle Way, Southampton
Hants SO14 2BW, T 02380 382711, arf@fanshawe-lofts.co.uk

Fanshawe Lofts is an independent niche firm of chartered accountants specialising in corporate recovery, turnaround and corporate finance work. Fanshawe Lofts has acted in a number of high profile local insolvency cases including, most recently, the receivership of Sea Route Ferries, and have undertaken insolvency work throughout the country and overseas. On the corporate finance side of the practice Fanshawe Lofts completed twelve deals last year in a period of retrenchment for most of our competitors. Fanshawe Lofts skill base and commercial approach to work leads them to advise and assist with turnarounds. They work with a number of turnaround professionals primarily advising on policy, directors' liability and balance sheet restructuring.