Way now clear for Sheehan to redeem €16m Goodman loan
Surgeon’s debt is tied to his 28 per cent shareholding in Blackrock Clinic
The Commercial Court has refused to “clog” the right of the Blackrock Clinic founder Joseph Sheehan to redeem a €16 million loan from his fellow stakeholder, beef baron Larry Goodman.
The surgeon’s debt, which was acquired by the beef baron’s company Breccia from IBRC in 2014, is tied to his 28 per cent shareholding in the hospital.
Sheehan said he lined up third-party funding to redeem the loan last year, but could not ...
