It was nearly over the line; a debt write-off of €70 million, the largest ever to be approved in a personal insolvency case in Ireland. Yes, the cottages in Kerry would be gone, along with the luxury apartment in the Algarve and the golfing property in Spain, status symbols of a bygone boom before the tsunami of debt struck. But for Conor Clarkson, the Dublin businessman and racehorse owner behind 2005 Cheltenham winner Kicking King, the deal would represent a clean slate, a new beginning, a means of avoiding a forced bankruptcy petition. After spending the bones of a decade…
Cancel at any time. Are you already a member? Log in here.
Read on for just €1
For a limited time, get your first month for €1 and unlock full access to The Currency and The Wall Street Journal – two premium memberships, one subscription.