Dubai Shopping Festival is a hit in its first week

Sales worth Dh240 million ($65 million) have been generated

Post By : Diamond World News Service On 02 February 2008 12:00 AM
On November 17, 2006, M. Fabrikant and Sons, Inc. and its domestic associate Fabrikant-Leer International Ltd., filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code.%%It is reported that Fabrikant-Tara International, LLC, a diamond and gemstone jewellery wholesaler, primarily owned by Tara Jewels Holdings Inc. and, in part, by M. Fabrikant & Sons, has not filed for chapter 11 relief of the Bankruptcy Code and does not view the bankruptcy filings of M. Fabrikant & Sons, Inc. or Fabrikant-Leer International, Ltd. negatively affecting its business.%%Fabrikant-Tara International, LLC continues to run its business smoothly and is able to live up to its commitments to its vendors and customers.

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