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Ch. 7 Can't Free PE Firm From Suit, Diamond Polisher Says

By Jade Martinez-Pogue (June 27, 2024, 8:34 PM EDT) -- A Canadian diamond polisher urged a Michigan federal judge to keep alive its suit alleging that a lab-grown diamond company's private equity owner knew it couldn't make good on its promise to fund new facilities to process the gemstones, saying the fact that the company is going through bankruptcy can't shield the PE firm from liability for using its alter ego to make fraudulent statements....

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