Courts refuse to assist officeholders
2 min read
Officeholders were appointed in respect of companies which were part of the Carlauren Group, which purchased properties and developed them into luxury care homes owned by individual Propcos. The Propcos then offered 125 year leases in respect of studios at the care homes to the public. The group got into financial difficulties and the Propcos went into administration or liquidation with the owner disappearing with substantial funds.