How does one man leave behind 50 failed companies, £400 million in losses, and still find time for beach holidays and phoenix companies? In this episode, we follow the money trail left by Gary Forrest, the bankrupt property developer behind High Street Group, and the long list of insiders, introducers, and enablers who made it all possible.
We explore the rise and fall of High Street GRP, the collapse that affected hundreds of pensioners and retail investors, and why no one has been held to account. At least, not yet.
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Disclaimer: Insolvency & Law Ltd is not a firm of solicitors or licensed insolvency practitioners and does not provide legal advice, investment advice, or any regulated services under the Legal Services Act 2007 or the Financial Services and Markets Act 2000. All content published by I&L relating to High Street Group, including blogs and podcasts, is provided free of charge for general information and educational purposes only and must not be relied upon as professional advice.
Where appropriate, I&L may take legal assignment of loan notes issued by High Street Group companies in its own name, for the purpose of enforcement and recovery. In such cases, I&L bears all associated costs and risks, and the original loan note holder is fully insulated from legal expense and liability.