Sunday 28 April 2024
Select a region
News

Date set for Garenne Group creditors hearings

Date set for Garenne Group creditors hearings

Tuesday 18 April 2023

Date set for Garenne Group creditors hearings

Tuesday 18 April 2023


Creditors of the collapsed Garenne Group, and three other businesses involved with the construction group, will be given details of the liquidation process in a meeting scheduled for later this month.

The meeting will also cover the administration of Rabeys Garage and Hurel Ltd - formerly R.G. Falla Ltd - as well as Garenne Investments Ltd.

Four separate meetings have been arranged - all at St James next Friday, 28 April.

The series of meetings will start at 09:00 in the Dorey Room at St James with creditors of Garenne Investments Limited invited to hear details from the Joint Liquidators about the administration process.

Screenshot_2023-04-18_at_10.23.28.png

Pictured: The creditors meetings are all taking place in the Dorey Room at St James.

A notice in La Gazette Officielle today says: "The purpose of said meeting is for the Joint Liquidators to provide the creditors with an explanation of the likely process of the voluntary liquidation and to give the Company's creditors an opportunity to ask any questions they may have."

That meeting, concerning Garenne Investments Ltd is expected to be a short one, with the next due to start at 09:30.

The creditors of Rabey's Garage Ltd are invited to that meeting, also in the Dorey Room at St James next Friday, 28 April, from 09:30. The meeting is again said to have been arranged to provide an opportunity for the Joint Liquidators to explain the process and for creditors to ask any questions.

At 11:00 next Friday, the creditors of Garenne Construction Ltd are invited to hear details of its liquidation and to ask any questions.

The final meeting will start at midday and will concern the voluntary liquidation of Hurel Ltd (formerly R.G. Falla Ltd).

KPMG is dealing with the administration of each of the businesses, with Linda Johnson and Louis Gerber listed as the Joint Liquidators in each case.

Screenshot_2023-04-18_at_10.09.43.png

Pictured: The Garenne Group went into liquidation at the end of March with an announcement being made late on Friday 31 March.

The Garenne Group was a large organisation focused on the construction sector with a number of interests across Guernsey, Jersey and the UK.

Some businesses related to the Garenne Group were sold off prior to, or shortly after, it going into voluntary liquidation.  

The collapse of Camerons, a building firm in Jersey, occurred shortly before the Garenne Group itself went under, with its creditors approving the appointment of the Joint Liquidators at a meeting last month.

The liquidators have now started work to formally wind up the company and to distribute Camerons’ assets in line with Jersey law, which was updated last year to make the insolvency process simpler.

Similar work will begin in Guernsey following next week's meetings.

Read more...

Garenne Group going into liquidation

Rabeys Garage going into liquidation – 27 made redundant

AFM confirms split from Garenne

Granite Le Pelley saved by Guernsey bosses

Geomarine buy-out completed

R.G. Falla Ltd in liquidation

Garenne Group Chairman resigns

Major building contractor Camerons stops trading with immediate effect

Sign up to newsletter

 

Comments

Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.

You have landed on the Bailiwick Express website, however it appears you are based in . Would you like to stay on the site, or visit the site?