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.

MRI Clients Dismayed at ‘Bizarre Decision’ on Furniture Case

Clients of MRI Overseas Properties, have expressed ‘dismay’ at what they have termed a ‘bizarre decision’ by Judge Beatriz Fernandez in a Marbella court to to claim ‘lack of jurisdiction’ over their furniture case.

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.

Tom Sheehy – Phoenix Magazine – November 2012

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.

Darragh MacAnthony Appears in Marbella Court

Peterborough United Chairman and former CEO of MRI Overseas Property, Darragh MacAnthony, appeared in a closed court session in Marbella on April 25th 2012 to answer charges that his company defrauded clients when taking money for furniture packs that were not consequently delivered.

Darragh MacAnthony to Appear in Court

Peterborough United chairman Darragh MacAnthony has been ordered to appear in court in Spain on April 25th 2012 over non-delivery of furniture packs for property sold by MRI.