Jewelry designer Michael Beaudry Inc. and Henry Dunay Designs Inc. have filed for Chapter 11 bankruptcy protection. The filings came within two weeks of each other.
Los Angeles-based Michael Beaudry designs hand-crafted jewelry. Beaudry’s clientele includes Beyonce, Katherine Heigl and “Gossip Girl’s” queen of bling Michelle Trachtenberg
Among the largest unsecured industry creditors, Michael Beaudry lists: Olympic Diamonds, New York ($253,138), Espeka Israel ($170,453), Inter Gems Claes ($158,513), Diamond Investment Partners, Los Angeles ($110,203), Kothari Trading Co. Ltd., Hong Kong ($107,260), Lili Diamonds, New York ($105,549)
Novel Collection, New York ($76,311), Fancy Colors USA ($76,106), Inga Moubaiajin, Los Angeles ($62,720), Rosy Blue Trading, New York ($59,984), Superb Jeweler, San Francisco ($51,430), Eurostar Belgium Inc ($48,165). Beaudry’s related wholesale business, Centerstone Diamonds, also filed Chapter 11.
Meanwhile, Henry Dunay Designs. whose assets total between $1 million and $10 million and liabilities total between $1 million and $10 million, also filed. ccording to a court filing.
Henry Dunay Designs are carried by high-end stores including Bergdorf Goodman.