Failing FORTIS comes under fire from Top 50 Law Firm Gateley Legal.

PRESS RELEASE

FOR IMMEDIATE RELEASE

Gateley Legal Gathers Investors Following Fortis Failures

Gateley Legal, the legal business at the heart of professional services group Gateley, are gathering a group of investors who have lost significant sums of money in  unlawful property investment schemes by Fortis Group.   

Manchester, United Kingdom — 25th May 2026

UCIS Prof Neg are proud to announce that it has teamed up with Gateley Legal, to bring together groups of investors in a professional negligence claim to recover millions of pounds lost in Unregulated Collective Investment Schemes (UCIS) operated and developed by Fortis Group across the UK.

The Fortis Group companies (the director of which is John Quigg), are responsible for these unlawful schemes racking up circa £480m in losses. The longer investors are stuck with these properties, the more money they lose with the value eventually plummeting to zero – due to the lack of ‘Good and Marketable Title’. Some of the developments had not even reached completion before units were sold to investors. Investors are being hit with rising service charges while tenants consistently experience maintenance issues. Xenia Estates, one part of the Fortis group of companies, are the regular management company used for Fortis developments – both companies have shared directors in the past.

Darren Kingsley McClellan, Kieran Stuart Moore, Gareth Morgan and Kevin Cole are all prominently named among the directors across all the various Special Purpose Vehicles (SPV) used to build the developments. Morgan, McClellan and Moore were also amongst the directors of Beaumont Morgan Developments Ltd who went in liquidation in 2022 owing £12m.

The Gateley Legal team handling these claims is headed up by partner Richard Healey, who also heads up their disputes practice and is head of Gateley’s London office.  He has extensive expertise of handling complex disputes and has wide ranging experience in international dispute resolution. 

Richard says, “We recognise the enormity of this matter, with more than 4000 investors affected. We are extremely keen to talk to as many investors as possible and will be working closely with UCIS Prof Neg to achieve that.”

Statistics and Facts:

o   The Post Office Scandal totalled to $58 Million; this UCIS Property Scandal could reach approximately £10 Billion in project value. 

o   The total calculated investment value in Adelphi Wharf development alone, is £102,665,000. This development contains 3 buildings with 593 apartments advertised to investors with an ‘assured’ 6% return’. 

o   The approximate total value of the Fortis scheme (that we are sufficiently aware of) is £483,027,480. Excluding developments in Scotland, the total value is £468,411,810. This is calculated using total number of units, average cost per unit and known developments.

o   The value of the scheme in Manchester alone is £347,151,860.

o   The Fortis scheme has a total of 61 Companies associated with it, 11 in Liquidation and 19 with Outstanding Charges listed against them on Companies House.