Tom Sheehy Loses Cape Verde Assets
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.
Search Results for: Cape Verde
Class Action – Cabonuba Development, Cape Verde
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.
Cape Verde Action Group – Sunday Business Post
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.
Tom Sheehy – Cape Verde Development
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.
Monte Gordo, San Nicolau, Cape Verde – Buyers Group
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.
Go2CapeVerde Moves out of Ireland
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.
‘Burnt By The Sun’ – Episode 2
‘Burnt By The Sun’ on RTE1 TV – in Episode 2 it examines issues with French Leaseback and property in Bulgaria, Dubai, Cape Verde and India. Episode now due to air on Monday May 18th.
Murdeira Beach Investors Petition European Parliament
Murdeira Beach Investors Petition European Parliament – Press Release on May 24th 2015. The Group invested in 168 units via Cape Verde Development. The project was supposed to be completed by 31st Dec 2010. As of May 2015 there is nothing on the site except a few excavations.
Niall Fleming, Tom Sheehy – UK Court Action
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.
Tom Sheehy – Phoenix Annual 2012
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.
