Nothing for unsecured creditors, IRD out of Jenny Craig liquidation

Nothing for unsecured creditors, IRD out of Jenny Craig liquidation
Jenny Craig, the company founded by Jenny (pictured) and Sidney Craig in 1983, went into voluntary administration first, last May. (Image: Getty)
Riley Kennedy
The liquidators of the collapsed New Zealand arm of Jenny Craig appear to be close to finishing their work, with the business shut, its food given to charity and customer records destroyed.In May last year, FTI Consulting’s Joseph Hansell, Vaughan Strawbridge and Kate Warwick were appointed to Jenny Craig Weight Loss Centres (NZ) and its Australian arm. The collapse came just five days after the weight-loss and nutrition brand said its Australian and NZ branches would continue to operate following confirmation that, in the United Sta...

More Finance

Todd Corporation: the reset
Finance

Todd Corporation: the reset

Legacy gas assets will give way to a focus on solar electricity generation.

Pattrick Smellie 13 Dec 2024
Kiwibank won't bring banking Revolut-ion
Finance

Kiwibank won't bring banking Revolut-ion

Forget Kiwibank. Revolut is the force big banks will have to reckon with, expert says.

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Ben Moore 12 Dec 2024
Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

Pattrick Smellie 12 Dec 2024