October 4, 2013

Bankrupt Colorado Customware requests approval for sale

FORT COLLINS – Colorado Customware Inc., the Fort Collins software company operating under bankruptcy protection, is seeking approval for a sale of its assets to a Canadian company for $3.25 million in cash.

The purchase price would cover one third of the company’s $10 million in liabilities, according to documents filed in U.S. Bankruptcy Court for the District of Colorado. The companies would close the deal Nov. 25.

Ontario, Canada-based N. Harris Computer Corp., which sells software, would buy software and other assets from Colorado Customware if the deal is approved.

Colorado Customware filed for Chapter 11 bankruptcy protection July 17,…

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