How much phoenix company paid for failed IT firm

The assets of failed Auckland IT business Maclean Computing, which collapsed last year owing more than $3 million, were sold by the liquidator for $180,000.

Allan Maclean's firm was placed in liquidation last July, with more than $1 million owed to ANZ bank, staff holiday pay, unpaid GST and PAYE.

Four days later, liquidator Damien Grant, of Waterstone Insolvency, sold the company's assets to phoenix company Maclean Technology, a new company set up by Mr Maclean's son Chris and Hayes Knight director Matt Bellingham.

 

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