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.
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.