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A polished diamond under inspection
Eurostar Diamond Traders Close to Bankruptcy
Eurostar Diamond Traders could be forced to file for bankruptcy soon, aftera Belgian court rejected its reorganization plan.The large Antwerp-based manufacturer, which owes anestimated $500 million, is no longer considered a financially viable business after...
Financial-Legal Mar 12, 2019 Rapaport News
Polished Diamonds
Court Dismisses Exelco’s Chapter 11 Case
A federal judge dismissed Exelco’s Chapter 11 filing inDelaware Bankruptcy Court, documents showed.Exelco, an Antwerp-based diamond manufacturer and former DeBeers sightholder, filed for Chapter 11 bankruptcy protection in September. Thecompany, which Jean-Paul Tolkowsky co-founded with...
Financial-Legal Dec 25, 2017 Rapaport News
Lazare Kaplan Inc
Lazare Kaplan Sues Antwerp Diamond Bank
Lazare Kaplan, a New York diamond manufacturer and dealer, has sued two Belgium banks for allegedly misappropriating $135 million worth of its diamond sales, the Financial Times reported. The lawsuit, filed in New...
Financial-Legal Dec 25, 2011 Avi Krawitz
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