Further investigations are being made into the conduct of the directors of failed national cafe chain Wishbone after the liquidator found the company traded while insolvent.
The Woodward Group, a holding company used to trade the business, was placed in liquidation in August, 2023, owing creditors more than $6.8 million.
The pre-made food manufacturer and retailer — which had an outlet at Dunedin Hospital — was the brainchild of the company’s directors, Andrea Gibson Scarlett and her husband Shayne Scarlett, who started the business in Wellington in 1999.
It had 17 stores with about 110 staff and also sold pre-made meal packs to more than 60 supermarkets and had a fledgling motel and hotel trade.
In his latest six-monthly…