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Three more businesses linked with the collapsed Garenne Group have gone into voluntary liquidation, with potential creditors asked to make themselves known to the Joint Liquidators.
Linda Johnson and Louis Leonard Gerber of KPMG Advisory Ltd and David Standish and Geoffrey Isaac Jacobs of Interpath Advisory have been appointed to oversee the liquidation of Garenne Property Ltd, Rabeys Property Ltd and Carterets Development Ltd.
Garenne Property Ltd is believed to have been a holding company responsible for properties owned by the Garenne Group.
Rabeys Property Ltd is believed to be the holding company for all property owned by Rabeys Garage Ltd.
Both Rabeys Garage and the Garenne Group are in voluntary liquidation with a Creditors Meeting being held this coming Friday morning.
Carterets Development Ltd is linked with the Garenne Group in a number of ways. This business was responsible for the redevelopment of the former Hotel Les Carterets which was rebuilt as the Les Residences development.
The Garenne Group website boasts that "Les Residences is a stunning" development of "luxury apartments" built to "an extremely high specification".
Pictured: Carterets Developments Ltd and the Garenne Group were responsible for the creation of Les Residences. Both firms are now in voluntary liquidation.
Each of Garenne Property Ltd, Rabeys Property Ltd and Carterets Property Ltd are named under Stuart Falla's original declaration of interests on the States of Guernsey website in relation to his role as Chair of the States Development Agency.
Mr Falla, the former Managing Director of Garenne owned companies including Hurel Ltd (formerly R.G. Falla Ltd), had also listed a number of other businesses which are known to have split from the Garenne Group either years ago, earlier this year, or since the liquidation process started.
Express understands there are now seven Garenne-linked businesses in voluntary liquidation in Guernsey as well as at least two in Jersey.
Pictured: Prominent businessman, and former politician, Stuart Falla has also been involved in many community initiatives such as the Health Improvement Commission.
A creditors meeting for those with a claim against Rabeys Garage, Hurel Ltd - formerly R.G. Falla Ltd - Garenne Investments Ltd, and the Garenne Group are being held at St James this coming 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 first.
Following that hearing, the creditors of Rabey's Garage Ltd will gather so the Joint Liquidators can explain the process and they can ask any questions.
At 11:00, the creditors of Garenne Construction Ltd are invited to hear details of its liquidation and to ask any questions, before the final meeting starts at midday concerning the voluntary liquidation of Hurel Ltd (formerly R.G. Falla Ltd).
Any creditors of Garenne Property Ltd, Rabeys Property Ltd or Carterets Development Ltd have to contact the Joint Liquidators by 15 May and a creditors meeting will then be arranged.
Pictured: The creditors meetings are all taking place in the Dorey Room at St James.
The Garenne Group was a large organisation focused on the construction sector with a number of interests across Guernsey, Jersey and the UK.
It's believed to have owned 13 companies at one time, with seven of the Guernsey interests now in voluntary liquidation, along with two in Jersey.
Some businesses related to the Garenne Group were sold off prior to, or shortly after, it going into voluntary liquidation.
The majority of the Garenne Group's remaining interests have now been placed into voluntary liquidation.
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