AKAN Capital Partners PLC
ProServ Capital Plc: ProServ Capital Plc Enters Consumer Credit Litigation Market
ProServ Capital Plc / Strategic Company Decision Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- ProServ Capital Plc Enters Consumer Credit Litigation Market A new program of ProServ Capital Plc, London, the professional services grouping of legal, audit and accounting and financial service companies, is underway to capitalise on the lucrative consumer credit litigation market. The program is comprehensive entailing most aspects of consumer distress, loan reduction or dismissal, and financial misselling. ProServ Capital will be offering these services via brokers, independent financial advisors and the law practitioners within the group. ProServ Capital provides a comprehensive service which includes advising clients with unenforceable loans and referring customers to group companies as well as to other organisations, advising on personal and corporate debt, litigating on unenforceable loan agreements and credit insurance agreements and advising on personal financial matters. The whole process is supported by specialist litigation funding arrangements and adverse costs insurance. ProServ Capital feels that given the current global slowdown that issues of consumer and corporate debt are coming to the fore. Whilst this has an impact on the market it offers a profitable stream of income for the group, whilst expanding its client base. ProServ Capital projects to increase its income in excess of £4 million over the next year based on its entrance into the market. London based ProServ Capital Plc is a diversified finance investor holding currently interests in international legal and accountancy firms and financial services companies. Through its global network ProServ Capital Plc offers comprehensive one-stop solutions to its clients. ProServ Capital Plc is listed on the Frankfurt Stock Exchange (Symbol: PVPB -ISIN: DE000A0NJ558) Contact: Nikki O'Hara ProServ Capital Plc St John's Chambers Klaco House, 28-30 St. John's Square London EC1M 4DN Tel: 0044 20 7426 5080 Fax: 0044 20 7426 5082 E-Mail: u.vahldiek@proservcapital.com Internet: www.proservcapital.com 18.05.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------
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