Jean Hubbard hearing adjourned until May, raising doubts about increasingly frail widow

Wed, 17 Oct 2012

Oct. 17 (BusinessDesk) – A hearing into $60 million of so-called ‘introduced assets’ from the empire of late businessman Allan Hubbard has been adjourned until May next year after the statutory managers of Aorangi Securities argued they needed more time to assess a mountain of documents. The ruling of Judge Lester Chisholm in the Timaru High Court adjourns the case until May 20, from its original start date of Oct. 29. Some 5,000 pages of documents have been distributed to other counsel in the case including those acting for Jean Hubbard. Chi...

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