High court action taken over Kildare private hospital expansion
UPMC Kildare
A contentious multi-million euro expansion plan for a Kildare private hospital has come before the Commercial Court.
The Irish Times reports that a move to expand UPMC Kildare Hospital in Clane following a January board meeting of a joint venture company comprising Institute Of Eye Surgery Holdings DAC (IOES) and UPMC Kildare Hospital which had been established to co-purchase the hospital.
The expansion will involve the redevelopment of endoscopy suites, the construction of a central sterile supply department and infrastructure upgrades.
UPMC holds 75 per cent of the joint venture firm’s shares while IOES has 25 per cent.
IOES, along with Clane Hospital Development Associates (CHDA) Ltd, have brought proceedings over decisions taken at the January board meeting against UPMC Ireland Ltd and against Eamonn Fitzgerald, Stefan Ahlers and John Farrell, who are three directors nominated by UPMC to the joint venture company.
IOES claims the redevelopment resolutions were not passed in accordance with the terms of the joint venture agreement.
The case was entered into the Commercial Court list this week by Judge Mark Sanfey on consent between the parties and adjourned to allow agreement to be reached on directions for progressing the case.
