Diamond Co. Lugano Hits Ch. 11 With $500M+ Debt, Sale Plans

By Emlyn Cameron and Emily Lever · November 17, 2025, 11:30 AM EST

Luxury jewelry house Lugano Diamonds & Jewelry Inc. has hit Chapter 11 in Delaware with more than $680 million in debt as it seeks to recover from its former CEO's alleged...

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Bankruptcy Scorecard

Summary

Luxury jewelry house Lugano Diamonds & Jewelry Inc. filed for bankruptcy protections with plans to find a buyer for its business after allegations of fraud against its co-founder emerged.

Case Number

1:25-bk-12055

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$500 million to $1 billion

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Documents

Related Sections

Case Information

Case Title

Lugano Diamonds & Jewelry Inc.

Case Number

1:25-bk-12055

Court

Delaware

Nature of Suit

Date Filed

November 16, 2025

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