O'Kelly

But Sebastian O'Kelly, director of the Leasehold Knowledge Partnership charity, said: "I can't see any reason why there would be terrorism insurance on this pond, except to make money for the managing company who placed the contract."

As Sebastian O’Kelly, chief executive of the Leasehold Knowledge Partnership, puts it: investors cottoned on to the fact they could make money out of the boom in newbuild apartment blocks that have sprung up across the country over the last 25 years.

Sebastian O'Kelly, director of registered charity and campaign group Leasehold Knowledge Partnership, says his organisation receives a “disproportionate” number of complaints about Eagerstates.

The national auto supply chain plans to close more than 725 locations around the country as well as four distribution centers on the West Coast, Chief Executive Shane O’Kelly said in an earnings call last week.

Although he didn’t specify which stores would close, O’Kelly signaled that the downsizing would focus heavily on California and the Pacific Northwest, saying that stores supplied by the four distribution centers marked for closure will also be shut down.