Shareholder ‘threatened’ anti-mafia proceedings against Blackrock Clinic board

Co-founder Joseph Sheehan pursued board members as part of a row over €4m dividends

24th February, 2019

The board of the exclusive Blackrock Clinic was “threatened” with racketeering proceedings under US anti-mafia laws as part of a bitter row over dividend payments, the High Court has heard.

Retired surgeon and hospital shareholder Joseph Sheehan warned the board in late 2013 that individual directors would be joined in an action under the Racketeer Influenced and Corrupt Organisations (Rico) Act if his dividend payments were directed to IBRC (formerly Anglo Irish Bank)...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Willie O’Reilly: In the ‘sewer’ of Twitter, ignorance is no defence

Holly Shortall: The modern family has room for everyone – including pets

James McDermott: It’s high time our GAA heroes were paid fairly for their sporting labours

Failure to plan and invest will condemn future generations to a water crisis