An investment management services company pursuing a doctor for €1.7 million following the closure of the Cork Medical Centre yesterday secured charging orders over millions of shares held by the doctor in Blackrock Hospital Ltd.
Mr Justice Peter Kelly granted charging orders over about 112 million shares of 20 cent each, about 2 million shares of 27 cent each and about 2.3 million shares of €1 each held by Dr Joseph Sheehan in Blackrock Hospital Ltd, Upper Drumcondra Road, Dublin. Those and other orders were sought by Paul Coughlan, for Davycrest Nominees, as part of its bid to satisfy a €1.7 million judgment obtained last week against Dr Sheehan.
There was no evidence whether a demand for repayment of that sum was made, the court heard. The judge said he would appoint a receiver by way of equitable execution over that sum.
