Tom Sheehy versus Cotter Brothers Case Concludes The end appears to have been reached in a long running and bitter dispute between Munster businessmen on the island of Sal in Cape Verde, off the coast of Senegal in Africa. Cork based Developer brothers John and Ned Cotter, owners of Paradise Beach Aldemento Turistico…
Niall Fleming & Tom Sheehy of Cape Verde Development are currently embroiled in a UK Court Action. Channel Islands based investment company, Stirling Mortimer, is seeking damages to the tune of almost €50m.
Clonakilty native, Tom Sheehy, loses Cape Verde assets to Brian Murphy O Connor & Ted Whittaker on foot of European enforcement order and a long running legal battle.
Tom Sheehy of Cape Verde Development, has been making a number of appearances in the Irish media recently. This is the second time he’s feature in Phoenix Magazine’s Hot Water Brigade section.
Phoenix Magazine features ‘Tom Sheehy’s Trouble in Paradise’ outlining the Clonakilty native’s ongoing battles with former partners in the Atlantic archipelago of Cape Verde, in Portugal and in Ireland.
Where did it all go wrong? Sheehy appeared to have the world at his feet in 2006. Six years later investors are looking for answers and former partners are either taking him through the courts or trying to have him declared bankrupt.
Clonakilty native, Tom Sheehy, has moved his Go2CapeVerde company, better known by its trading name Cape Verde Development, to the African island of San Vincente in the Cape Verde Islands. It is believed that the move is to hinder legal proceedings against him and his partner, Niall Fleming.
A meeting is to be held to form a buyers group for the Monte Gordo development in Cape Verde and to discuss a way forward with this stalled development sold by Tom Sheehy of Cape Verde Development in Clonakilty.
A client of MRI Overseas Property has issued a press release looking for investors in the Cabonuba development on Sal, Cape Verde. It is intended to take a class action against MRI to recover funds invested in the project.
The Sunday Business Post featured the formation of the Monte Gordo Buyers Group which has been highlighted on this site previously. Property editor Michelle Devane interviews former Cork football manager, Billy Morgan, who is one of the members of the group.
