Four Points Goes Chapter 11

All right … Info is still coming in on this, but apparently Four Points Corporation – which does business as J.C. Keepsake, Only Diamond, and Brendan Diamonds — has gone Chapter 11. Here is some info. Not sure if this is related to the recent Chapter 11 filing of LID, which the bankruptcy papers list as “an affiliated company.”

Top listed trade creditors include Absolute Brilliance, Aurafin, LID, and Robert Babaev. Others can be seen here.

UPDATE: According to this (fourth item down), assets are $26.8 million, debt is $52.1 million. (These numbers aren’t in the papers I have.)

JCK News Director