Fred Leighton Jewelry Battle Turns Familial

Law360, New York (October 27, 2008, 12:00 AM EDT) -- A family member has waded into the battle currently raging between Merrill Lynch Mortgage Capital Inc. and Fred Leighton Holding Inc., demanding the return of a massive jewelry collection that she insists should not be part of the bankruptcy estate.

On Friday, Jacqueline Esmerian King, sister of Fred Leighton owner Ralph O. Esmerian, filed a declaratory action with the U.S. Bankruptcy Court for the Southern District of New York, trying to reclaim the jewelry pieces that are part of the so-called Siegman Collection.

“This is an...
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