High Court disqualifies Blackrock Clinic co-founder from being director in next decade

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High Court disqualifies Blackrock Clinic co-founder from being director in next decade via IrishTimesBiz

The liquidator of Blackrock Medical Partners Ltd identified a number of transactions that appeared to be “entirely improper”The High Court has disqualified a co-founder of the Blackrock Clinic private hospital group and his wife from being company directors. Photograph: iStockThe High Court has made orders disqualifying a co-founder of the Blackrock Clinic private hospital group and his wife from being company directors.

The couple, who live in Illinois in the United States, did not appear in court, but Dr Sheehan had previously denied any wrongdoing. Among these, was an alleged series of five payments totalling €2.6 million, made in early 2020, to people or entities seemingly connected with the firm, which the liquidator said seems to have been made with a view to putting the money out of reach of creditors.

It appeared to Mr Kirby that BMPL had received €3.25 million on January 17th, 2020, from the receiver’s sale of its Marpole shares.

 

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