Judge OKs Fabrikant's Disclosure Over Objections

Law360, New York (November 8, 2007, 12:00 AM EST) -- Despite one creditor's lingering reservations, diamond jewelry wholesaler M. Fabrikant & Sons Inc. finally got court approval of its disclosure statement on Wednesday, paving the way for a vote on the Chapter 11 liquidation plan it jointly filed with creditors.

Judge Stuart Bernstein handed down his order after postponing a decision several times in the last week so that plan proponents could make revisions to the statement. His Wednesday approval effectively silenced remaining objections that former creditor and director Philip Hahn's estate had to the file....
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