AN investment advisory firm involved in a €90 million private hospital development in Cork city has petitioned the High Court to wind up the hospital’s backers, Sheehan Medical Ltd.

MATER Private Healthcare has confirmed its interest in the takeover of a €90 million Cork hospital that closed just five months after it opened.

CREDITORS owed money on foot of the closure of a private hospital in Cork are seeking advice from a Dublin businessman whose company secured a €526,000 judgement against the developers in the High Court.

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.