Business

Following bankruptcy reform, the Kilkenny holiday home has become an unlikely center of German business activity in Ireland

When the German brothers Alexander and Constantin von Bienenstamm were overcome by money worries, Ireland became the beacon of hope for their financial salvation.

Reland’s outdated bankruptcy laws were revised in 2015, reducing the typical length of the process from three years to one year, while also having the added appeal of allowing EU citizens to quietly escape the glare of the public home to go bankrupt.

https://www.independent.ie/business/irish/kilkenny-holiday-home-has-become-an-unlikely-hub-for-german-business-activity-in-ireland-after-bankruptcy-reforms-41689996.html Following bankruptcy reform, the Kilkenny holiday home has become an unlikely center of German business activity in Ireland

Fry Electronics Team

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