Legal
Creditor claims Altada liquidator queried loan to distract from his own misstep
Alan Bruce, one of four lenders of €500k to the troubled tech firm, alleges accountant John Healy’s actions led to cut-price sale of assets
One of the providers of a €500,000 loan to Altada has claimed that the liquidator of the Cork tech business questioned the legality of the transaction to deflect attention from the fact that his actions had led to the firm’s assets being sold cheaply.
Alan Bruce, one of four people who advanced the emergency loan to the firm last September, claimed in an affidavit filed in the High Court last week that John Healy of ...