Daniel Grollo has avoided liquidation of the collapsed Grocon construction empire after the Australian Tax Office joined other creditors in voting in favour of his revised pooled deed of company arrangement (DOCA).

On Thursday, creditors of all 88 Grocon companies placed in administration between November and February voted in favour of the Grocon scion’s proposal, which included a sweetened $6 million upfront payment to the Australian Tax Office to cover almost half of the group’s GST debt.