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Diamond Biz Says PE Firm Had 'No Intention' Of Paying Fees

By Jade Martinez-Pogue (April 10, 2024, 5:11 PM EDT) -- A Canadian diamond polisher is suing the private equity owner of a lab-grown diamond company in Michigan federal court, arguing that Huron Capital Partners promised to help fund new facilities to process the diamonds it was sending despite knowing the company was heading for bankruptcy and would be unable to pay the fees....

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