Fota resort shareholder dispute heads for High Court
Spokeswoman says row will not affect the Cork resort’s planned reopening in July
A shareholder dispute at the Cork hotel group that owns the five-star Fota resort is headed for the High Court, a spokeswoman for the business confirmed.
China-based businessman Yuzhu Kang, who has lent the Irish business over €15 million since its inception, is taking action against Cork-based family member Xiu Xiang (known locally as Julie) Kelly and Du Tuo, two fellow directors of the group.
The Kang family have been investors in the Irish hospitality...
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