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Receivers raise doubts over $16.1m loan to Hubbard

Duncan Bridgeman
Thu, 17 Feb 2011

Receivers for two companies that owe South Canterbury Finance a combined $23 million have expressed doubts about the recoverability of a $16.1 million loan to Allan Hubbard and his wife Jean, whose assets are in statutory management.

The two companies – Plum Duff and Woolpak – were placed in

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Duncan Bridgeman
Thu, 17 Feb 2011
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Receivers raise doubts over $16.1m loan to Hubbard
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