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Hubbard’s asset switching takes another twist

Shortly before Allan Hubbard was placed in statutory management the Timaru financier transferred great chunks of his private assets into charitable trusts. Now those shares are heading back again.In early June, Mr Hubbard and his wife Jean shifted shareho

Duncan Bridgeman
Tue, 27 Jul 2010
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Shortly before Allan Hubbard was placed in statutory management the Timaru financier transferred great chunks of his private assets into charitable trusts. Now those shares are heading back again.

In early June, Mr Hubbard and his wife Jean shifted shareholdings in more than 30 mostly farming

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Duncan Bridgeman
Tue, 27 Jul 2010
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Hubbard’s asset switching takes another twist
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