Sheehan’s Blackrock exit plan hits a snag

Jimmy Sheehan sold his stake in the hospital for €16m to Larry Goodman in September

29th January, 2017
Blackrock Clinic

Blackrock Clinic founder Jimmy Sheehan’s bid to bow out of the private hospital has opened up yet another front in the protracted legal battle engulfing the shareholders.

Last September, Sheehan decided to sell his stake in the exclusive hospital for €16 million to the beef baron Larry Goodman. The meat magnate has owned a part of the clinic since 2005, when he bought a 28 per cent stake from the British health insurer Bupa.

However,...

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