UPDATED - Jolt Fitness gyms to stay open pending appeal
by Simon Lord
last updated 08/03/2013
8 March 2013 - Following the issuing of an interim injunction requiring that the three former Club Physical gyms now branded as Jolt Fitness should immediately stop trading, Jolt Fitness has advised that the gyms will remain open pending appeal
Stewart Germann, lawyer for franchisee Stuart Holder and his Colven companies, has advised:
'An appeal against the Judgment of Winkelmann J will be filed today with the Court of Appeal and an urgent Application for a Stay in the Order of the High Court will be filed today at the Auckland High Court as Counsel believes there are strong grounds for the appeal and the stay. Meanwhile the gyms will remain open for business.'
Justice Helen Winkelmann yesterday ruled in favour of the injunction request by Club Physical for Jolt Fitness to cease operations.
Commenting on the ruling, Stuart Holder, Director of Jolt Fitness, said yesterday. 'We are incredibly surprised and disappointed by Justice Winkelmann’s ruling. We are waiting on our lawyers to advise on whether an urgent appeal should be filed. We expect to have this advice by tomorrow morning. If an appeal is filed, we will be seeking to continue to operate our clubs until that appeal is heard. Our first priority remains our staff, and to continuing to provide a first-class fitness facility to our members.'
LATEST - 8 March - Jolt Fitness granted extension for 10 days
We welcome links from other websites to this article. Please note that this article is copyright © Eden Exchange NZ Holdings Limited, Franchise New Zealand magazine and Franchise New Zealand On Line. While it may be downloaded for personal use, no part may be reproduced on any other website, in electronic or printed form or in any other form whatsoever.


Featured Listings
Columbus Coffee
NZ’s premium café franchise. Highly recognised and trusted brand offering customers exceptional coffee and chef-prepared food. Supreme Franchisee of the...

Jani-King
Jani-King is known as the world's number one commercial cleaning franchise company providing full operational sales administration support for...

V.I.P. Home Services
Professional home services franchise providing flexible, multi-serviced businesses for 43+ years. Either Lawns and Gardening, or Cleaning. Exclusive...

Kitchen Studio
Established in 1984 and voted New Zealand’s Most Trusted kitchen brand eight years running, Kitchen Studio offers an exciting, rewarding opportunity for...

Harcourts New Zealand
Harcourts seeks accomplished sales consultants and achievers across all industries, exploring real estate business ownership. We value goal-driven,...
