bankruptcy proceedings

Bankruptcy order rescinded due to bankrupt’s failure to make full disclosure 

by

The High Court recently, for the first time in Ireland, rescinded a bankruptcy order it had previously made. The case involved an Estonian businessman who filed a petition for bankruptcy in the Irish High Court in June 2021. The High Court granted the order and declared him bankrupt. However, an Estonian creditor, OBI, who had … Read more

Bankruptcy in Ireland-The Facts You Should Know

by

Bankruptcy is a commercial reality facing many people in Ireland today. And the number of bankruptcies is increasing dramatically. Because going bankrupt has the wonderful advantages of simplicity and finality-your debts are wiped and set at 0 and you get to start again, once you have been discharged. What is bankruptcy? Bankruptcy is a process … Read more