Beef baron’s ‘black art’ to up redemption cost of rival’s loan
Court told that Goodman sought penalty interest in the battle for control of Blackrock Clinic shares
Florida-based investor John Flynn is suing beef baron Larry Goodman for millions of euro in an epic row over their shareholdings in the exclusive Blackrock Clinic.
In August, the Commercial Court ruled that Goodman, who has a 28 per cent stake in the private hospital, tried to gain a controlling interest in the business by making a ‘secretive move’ against Flynn.
That move involved Goodman’s company Breccia buying Flynn’s €9.1 million Nama debt, which...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures