K-Club owner Michael Fetherston has launched a High Court action against the French-owned nursing home giant Orpea. The legal strike by the entrepreneur comes three years after he sold his TLC Nursing Homes portfolio to the French-headquartered multinational, one of the world’s largest private care providers, in a takeover deal reported to have been worth around €150 million. The Currency understands that the current dispute centres on the terms of an earn-out payment allegedly due to Fetherston on the takeover transaction.  At the time of the acquisition in early 2020, TLC had five facilities in Dublin with a total of…

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