Insolvency

The Grand Stainer Sting

July 5, 2021 // 5 Comments

Mortgage lenders, some of whom are household names, must rue the day they lent money to the Stainers, as they count the losses they are making on the 19 Stainer flats. Now we [...]

A Gaping Gap at the Grand

July 17, 2020 // 4 Comments

Almost five year after the infamous dawn raid that saw Michael and Doris Stainer and their general manager arrested, Robert Richardson has finally abandoned the beleaguered [...]

The Great Escape: the Remake

May 14, 2020 // 3 Comments

As Michael Stainer (again) and Hallam Estates, the company he set up in 1995 to keep control of the Grand, both slide towards insolvency under the burden of £500,000 of [...]

Drowning in Debt

February 5, 2020 // 6 Comments

Behind all the legal shenanigans that make up a typical week at the Grand (pictured below), there is one inescapable fact. Debt……. “Creditors to right of them, [...]