Liquidation for Blue Chip foe

A company that had attempted to recover $13.6 million from Blue Chip founder Mark Bryers has itself been put into liquidation.

In July the High Court ordered Bryers to pay Consolidated Technologies Development the debt plus interest, or potentially face bankruptcy.

Consolidated Technologies gained a summary judgment against Bryers, meaning it could commence bankruptcy proceedings against him if the debt was not paid.

However in the High Court yesterday the company was liquidated over a debt to Dempsey and Wood Civil Contractors.