Home-seekers want action
PA Auckland Creditors of the collapsed cheap-homes company, Hoffman Holdings, Ltd, met in Auckland yesterday and signed a petition asking the Government to take action against the company’s principals. The company closed its Queen Street office in March, holding deposits from more than 200 people hoping to get cottages ranging in price from $lB,OOO to $25,000. About 60 people attending the creditors’ meeting —
mostly young married couples — were told that Hoffman Holdings still had debts of about $300,000.
Staff of the Justice Department’s Commercial Affairs Division spoke at the meeting, but the company’s former governing director, Mr Peter Hoffman, did not attend. A solicitor, Mr Barry Wilson, acting for Mr Hoffman’s family trustee, produced two medical certificates to show why Mr Hoffman, a diabetic, could not attend any meetings. Creditors, who decided to send their petition to the Attorney-General, Mr McLay, have appointed the Official Assignee as liquidator of Hoffman Holdings.
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Press, 1 June 1984, Page 3
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154Home-seekers want action Press, 1 June 1984, Page 3
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