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Diamond bankruptcy notice reaches 1,301 creditors as future mailings narrow

A bankruptcy notice was sent to 1,301 Diamond creditors and interested parties, while the proposed future-notice list would narrow to directly involved parties, government bodies, secured creditors, the 20 largest unsecured creditors, consignment groups and people who request notice. A described settlement path could let more consignors join, reclaim stock and waive proceeds from earlier unauthorized sales, but it remains subject to court approval.

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