Meet The Attys Setting Diamond Co. Lugano's Ch. 11
Lugano Diamonds & Jewelry Inc., a luxury jewelry designer, filed for bankruptcy in Delaware with plans to sell the business in the wake of fraud allegations against its founder. Guiding it through Chapter 11 is a team of attorneys with Keller Benvenutti Kim LLP and Young Conaway Stargatt & Taylor LLP.
Under The Radar: Bankruptcy News You May Have Missed
A Texas bankruptcy judge ruled claims against Wellpath's parent were released by its Chapter 11 plan, companies tied to the Hudson Hotel sought over $12 million and the Fifth Circuit rejected a decision that a bankruptcy court had jurisdiction over a post-confirmation contract dispute.
Bankrupt Diamond Co. Was Undone By CEO Fraud Claims
Behind the glittering facade of Lugano Diamonds were fraudulent diamond investments and accounting irregularities that have landed the luxury jewelry house in bankruptcy, court documents and financial disclosures show.
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