Pavement co-founder fights bankruptcy

Glenn Hunt is fighting bankruptcy proceedings filed against him by North Shore-based printing compan

The move follows a $31,238 debt to print the first edition of Hunt's latest fashion publication 1 AM, reports nzherald.co.uk. Hunt, who is also the art director of the magazine, said he was working hard to pay off his debts and had struggled to get advertising for the magazine due to the recession.

He added that even if he has been declared bankrupt, he would continue to raise the money for Pavement. Hunt had reportedly sold his home last year though the sale was not enough to clear his debts.