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