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Richard Simpson

FMA approached to take over Hubbard claim

The late Allan Hubbard

Hubbard investors to get 100% capital back

A $2.1m payment to Hubbard Management Fund investors is being made today. 

Legal action gives hope to Hubbard investors

Investors in statutory-managed Aorangi Securities have a sniff of getting most of their money back if court action goes Grant Thornton's way.

Boxes botch-up costs Hubbard managers $37,500

High Court judge calls the statutory managers "careless", after rediscovering 72 boxes of documents two weeks before High Court hearing.

Pegasus Town receiver mulls options to recoup $142.8m for lenders

Pegasus Town

The company's assets are made up of developed and undeveloped land, including the Pegasus Gold and Sports Club.