Lugano OK To Hand Over Insurance For Lost $10.5M Diamond

By Alex Wittenberg · June 1, 2026, 2:06 PM EDT

Jewelry house Lugano Diamonds on Monday secured a Delaware bankruptcy judge's tentative approval to transfer an insurance policy to a creditor that consigned the debtor a diamond worth $10.5 million that...

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Case Information

Case Title

Lugano Diamonds & Jewelry Inc.

Case Number

1:25-bk-12055

Court

Delaware

Nature of Suit

Date Filed

November 16, 2025