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

Fri, 19 Jan 2024

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...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Primary Sector

Fonterra’s consumer business not the cream of its crop

Miles Hurrell on why it's not the natural owner.

Riley Kennedy 5:00am

Policy

Speeding up FIF changes may halt entrepreneur flight

Entrepreneurs planning exits now look at staying, as Inland Revenue details FIF changes.

Garth Bray 5:00am

Speeding up FIF changes may halt entrepreneur flight

Sustainable Finance

Why climate risk is being left off company balance sheets

NZX companies lead the world on climate risk reporting but are not pricing it.

Greg Hurrell 5:00am

Why climate risk is being left off company balance sheets

Sponsored

The new face of luxury Scotch: Harrison Ford, the Traitors castle and an E-Type Jag

Harrison Ford’s Glenmorangie campaign breaks all the rules.

Glenmorangie Whiskey

Sponsored

Mastering market swings

ETFs can be a "smart" way to build a long-term, diverse portfolio.

Smart

More Finance

Finance

FMA files criminal charges against David McEwen

New Zealand’s financial watchdog has filed criminal charges against former financial adviser David McEwen for allegedly failing to comply with a stop order, which prevented him from contacting potential investors.The Financial Markets Authority (FMA) had made a permanent stop ord...

Staff reporters 18 Mar 2025