[Exclusive]: Nirav Modi's trusted law firm files bankruptcy for his company Firestar Diamonds [Read Court documents]February 28 2018
Firestar Diamond Inc, the US company of Nirav Modi, has filed for bankruptcy in United States Bankruptcy Court in the Southern District of New York.
In the petition, the company has listed its assets and liabilities in the range of $50 million and $100 million. The petition also mentions that the company has about 50-99 creditors. The company has also disclosed in the petition that it will have funds for distribution to its unsecured creditors.
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