| 19.4°C Dublin

Close

Premium

Why German nationals are going bankrupt from Kilkenny and Carlow

A law firm is helping German nationals to go through bankruptcy in Ireland, far from the glare of publicity at home

Close

Ullard Holiday Homes in Co Kilkenny which dozens of Germans who are clients of the German law firm list as their home address. Photo: Dylan Vaughan

Ullard Holiday Homes in Co Kilkenny which dozens of Germans who are clients of the German law firm list as their home address. Photo: Dylan Vaughan

Cornelius Rieger and Pascal Verbracken of Kanzlei Rieger & Partner

Cornelius Rieger and Pascal Verbracken of Kanzlei Rieger & Partner

Alexander and Constantin von Bienenstamm

Alexander and Constantin von Bienenstamm

/

Ullard Holiday Homes in Co Kilkenny which dozens of Germans who are clients of the German law firm list as their home address. Photo: Dylan Vaughan

When money woes overwhelmed German brothers Alexander and Constantin von Bienenstamm, Ireland became the beacon of hope for their financial salvation.

Ireland’s antiquated bankruptcy laws were overhauled in 2015, reducing the amount of time the process typically lasts from three years to one, while it also has the additional attraction of enabling EU citizens to quietly go bankrupt out of the glare of publicity back home.


Related topics


Most Watched





Privacy