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the company who built our block of flats was wound up as soon as Grenfell happened, and one of the directors who had become the building freeholder attempted to sell the freehold. The same directors have since created new companies to build new buildings, and now seem to just create and then end new companies for each housing development.
This is standard practice. A special purpose vehicle (SPV) isolates each development away from the holding company so the holding company has reduced exposure and liability.
CheBeef
@hazzelfrazzel
Agreed that the companies that profited should pay for it. Many have, particularly the bigger home builders as their reputation gives them a lot to lose.
For many, though, there isn't a good way to hold the company accountable.
In my case, the company who built our block of flats was wound up as soon as Grenfell happened, and one of the directors who had become the building freeholder attempted to sell the freehold. The same directors have since created new companies to build new buildings, and now seem to just create and then end new companies for each housing development.
I personally am in a building that is covered by a government fund. However, I personally am out of pocket for about 60 grand despite this. It has been hugely expensive and there's a lot that isn't covered by the fund but needs to be done. I try not to think about it too much, as it makes me feel very angry.