Unsecured creditors of NZ Karen's Diner unlikely to see money

The restaurants were built on the premise of a "Karen" insulting diners. (Image: Karen's Diner)

Tue, 11 Jul 2023

Unsecured creditors of the entity behind the now-closed local Karen’s Diner restaurant aren’t likely to receive anything from its liquidation.A liquidator's first report showed the NZ entity owes at least $30,000. Its parent across the Tasman, which collapsed at the end of May, reportedly owes over A$4 million ($4.29m).Last week, BWA Insolvency’s Bryan Williams was appointed liquidator of Viral Ventures NZ. The entity operated the sole Karen’s Diner outlet in the Auckland suburb of Mt Eden, which according...

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