Atkins Bankrupt
The company emerged from bankruptcy in 2007 owned by north castle partners.
Atkins bankrupt. The company behind the recent low carb diet craze files for bankruptcy protection. This week atkins nutritionals filed for bankruptcy protection. Health weight loss. Weight loss and energy expert.
Roark capital group bought the company in 2010. For pasta companies and others that make. A hearing on the prearranged chapter 11 filing was scheduled for monday in u s. The privately held company founded in 1989 by dr.
Randall atkins also apparently played a partnership role in the securities group and he showed up in chapter 11 bankruptcy proceedings for the company in 1988. Following the death of its founder in 2003 the popularity of the diet and demand for atkins products waned causing atkins nutritionals inc. Blamed lower consumer demand and increased competition. Bankruptcy court spokesman richard rothstein said.