Industry

COMPANIES Lunt Silversmiths, a venerable flatware and tableware manufacturer that also produced silver jewelry, filed for Chapter 11 in mid-December and is selling its assets. Reed and Barton, a Massachusetts company that also manufactures flatware, was listed as “proposed purchaser” of the company. Lazare Kaplan, in an SEC filing, said that Antwerp Diamond Bank hopes to terminate two of its credit facilities. It hopes to resolve the issue “amicably.” The company also recently received $28 million from underwriters. IN COURT Hector Rivera was recently convicted of leading a robbery and extortion crew involved in robberies connected to the Diamond District in midtown Manhattan, including the planned hijacking of Federal Express tractor-trailer trucks and the robbery of a wholesale diamond business. Norman Schonfeld, a diamond dealer convicted of taking more than $6 mi
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