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.
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.
