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Lugano Files for Chap. 11 Bankruptcy - Orange County Business Journal
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Lugano Files for Chap. 11 Bankruptcy - Orange County Business Journal
Lugano Diamonds & Jewelry Inc. has filed for bankruptcy protection as the luxury jeweler tries to recover from the impact of financial misconduct, revealed in May. Lugano, once considered a star performer of parent company Compass Diversified, on Nov. 16 voluntarily filed for Chapter 11 relief in the U.S. Bankruptcy Court for the District of Delaware “to facilitate a value-maximizing sale transaction.” Interim Chief Executive Josh Gaynor, who su…
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