Atkins Bankrupt

Following the death of its founder in 2003 the popularity of the diet and demand for atkins products waned causing atkins nutritionals inc. To file for bankruptcy in july 2005 citing losses of 340 million. The privately held company founded in 1989 by dr.

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Bankruptcy court spokesman richard rothstein said.

Atkins bankrupt. Weight loss and energy expert. 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. For pasta companies and others that make. Over the past few weeks ever since atkins went belly up our company has been bombarded with questions about the possible harmful effects that their atkins days might have caused.

The company behind the recent low carb diet craze files for bankruptcy protection. Blamed lower consumer demand and increased competition. Health weight loss. This week atkins nutritionals filed for bankruptcy protection.

The company emerged from bankruptcy in 2007 owned by north castle partners. Roark capital group bought the company in 2010. A hearing on the prearranged chapter 11 filing was scheduled for monday in u s. The atkins diet and the company that carries that name has gone into free fall.