“No Deal” Brexit Could Disrupt U.K. Diamond Trade
For diamond traders in the United Kingdom, a “no deal” Brexit could also mean no deals for them.
On Oct. 12, Deirdre Brown, head of the...
Former Ivanka Trump Partner Moshe Lax Denies Tax Claims
On Oct. 15, diamantaire Moshe Lax staunchly denied the U.S. government’s charge that he and his father’s estate owe as much as $61 million in...
EBay Sues Amazon, Claiming It Poaches Sellers
EBay has filed a lawsuit against competing online marketplace Amazon, claiming that Amazon’s sales reps set up phony eBay accounts to lure...
Bank Sues Shrenuj Executives, Claiming Fraudulent Transactions
On Oct. 4, ICICI Bank filed suit in New York federal court against 11 executives of Shrenuj & Co., alleging that the Indian company committed...
Charles & Colvard Receives Nasdaq Notice About Stock Price
On Oct. 12, moissanite company Charles & Colvard received a notice from Nasdaq, warning the company to get its share price above $1 or face...
Chris Aire, Hublot Settle “Red Gold” Lawsuit
Hublot of America and Chris Aire’s company, Solid 21, have settled their eight-year-old lawsuit over the term red gold—in what appears to be a...
Examiner Appointed in Samuels Jewelers Bankruptcy
On Oct. 9, the U.S. Trustee overseeing the Samuels Jewelers bankruptcy case appointed an examiner to scour through the retailer’s books—and...
Saks Fires Back, Claims Right to Eject Cartier
On Oct. 5, Saks Fifth Avenue filed an answer and counterclaim to the lawsuit Cartier commenced just days before, arguing it has a contractual right...
Bone Mulling Next Move After Leaving Post at RJC
Responsible Jewelry Council (RJC) executive director Andrew Bone (pictured) says that he’s stepping down from that position because it was “time...
Cartier Sues Saks Fifth Avenue Over Flagship Boutique
Cartier has filed a legal action against Saks Fifth Avenue, seeking a declaratory judgment that will prevent a Cartier shop from being ejected from...