Fota resort shareholder dispute heads for High Court

Spokeswoman says row will not affect the Cork resort’s planned reopening in July

24th May, 2020
Fota resort shareholder dispute heads for High Court
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.

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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