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‘Devastated’ Jucy Group owed ASB $44m when receivers appointed

Receivers outline likely shortfall to bank, other creditors.

There will likely be a shortfall on the $44 million ASB Bank was owed by beleaguered campervan rental and tourism company Jucy Group when it appointed receivers last November.

The group’s first receivers’ report, prepared by Grant Graham and Neale Jackson of Calibre Partners, also shows that

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Hamish McNicol Wed, 17 Feb 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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‘Devastated’ Jucy Group owed ASB $44m when receivers appointed
General Business,
86358
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