SHEEHAN Medical Ltd, the developers of a failed €90 million private hospital, are planning to voluntarily liquidate the company.

BOUNCED cheques and emergency tax rates are among the difficulties faced by former staff of a private hospital in Cork city which closed just five months after it opened.

AN investment advisory firm involved in a €90 million private hospital development in Cork city backed by Sheehan Medical Limited has successfully sued them for more than €500,000.

STAFF are owed wages and holiday pay but investors are unlikely to lose out following the closure of the country’s newest private hospital just five months after it opened.

FORMER staff at what was the country’s newest private hospital have been told there is no money to pay their wages and they could also face difficulties claiming unemployment benefit because of a lockdown of the Cork Medical Centre (CMC) where their P45s are on file.