Lugano Diamonds' $12M Ch. 11 Financing Gets Interim OK

By Ben Zigterman · November 18, 2025, 7:52 PM EST

Luxury jewelry house Lugano Diamonds & Jewelry Inc. can access up to $1.5 million in Chapter 11 financing from its majority owner as it pursues a buyer during the holiday shopping...

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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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Case Information

Case Title

Lugano Diamonds & Jewelry Inc.

Case Number

1:25-bk-12055

Court

Delaware

Nature of Suit

Date Filed

November 16, 2025