Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Exelco affiliate files Chapter 15 case in Delaware after alleged US$15m diamond loss

By Benjamin Clarke

02 January 2018

Two weeks after a Delaware bankruptcy court dismissed its Chapter 11 case, Belgian diamond wholesaler FTK Worldwide Manufacturing has filed a Chapter 15 petition to recognise a Belgian bankruptcy order.

Exelco affiliate files Chapter 15 case in Delaware after alleged US$15m diamond loss