M. Fabrikant Creditors Seek To Examine Lenders

Law360, New York (January 4, 2007, 12:00 AM EST) -- Creditors for a diamond and jewelry wholesaler that sought Chapter 11 protection are requesting to examine the company’s lenders and chief operating officer regarding possible improprieties.

The Official Committee of Unsecured Creditors of M. Fabrikant & Sons, Inc. filed a motion in bankruptcy court Wednesday and Thursday under federal Bankruptcy Rule 2004, which allows a bankruptcy court to order a company to hand over financial documents as well as to appear for oral examination. A court hearing regarding the motion is scheduled for Jan. 17....
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