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Dec. 11 Is Deadline to File Proofs of Claim Against Firestar and Affiliates

The U.S. Bankruptcy Court for the Southern District of New York entered the order.

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[The following is a claims bar date notice related to the bankruptcy case of Firestar Diamond Inc. and certain of its affiliates.] 

JENNER & BLOCK LLP
Marc Hankin
Carl Wedoff
919 Third Avenue
New York, New York 10022
(212) 891-1600

Angela Allen (admitted pro hac vice)
353 North Clark Street
Chicago, Illinois 60654
(312) 222-9350
Counsel for the Chapter 11 Trustee

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK

In re:

FIRESTAR DIAMOND, INC., et al.,

Debtors.

Chapter 11

No. 18-10509 (SHL)
(Jointly Administered)

NOTICE OF DEADLINE FOR FILING OF PROOFS OF CLAIM: ON OR BEFORE DECEMBER 11, 2018

TO: ALL PERSONS AND ENTITIES WITH CLAIMS AGAINST FIRESTAR DIAMOND, INC., OLD AJ, INC. (f/k/a A. JAFFE, INC.), OR FANTASY, INC.

The United States Bankruptcy Court for the Southern District of New York has entered an Order establishing December 11, 2018 (the “Bar Date”) as the last date for each person or entity (including individuals, partnerships, corporations, joint ventures, trusts, and governmental units) to file a proof of claim against any of the above-captioned debtors (the “Debtors”).

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The Bar Date and the procedures set forth below for filing proofs of claim apply to all claims against the Debtors that arose before February 26, 2018 (the “Filing Date”), the date on which the Debtors commenced these cases under chapter 11 of the United States Bankruptcy Code, except for claims listed in Section 4 below that are specifically excluded from the Bar Date filing requirement.

1. WHO MUST FILE A PROOF OF CLAIM

You MUST file a proof of claim to vote on a chapter 11 plan or to share in distributions from the Debtors’ bankruptcy estates if you assert a claim that arose before the Filing Date, and the claim is not one of the types of claim described in Section 4 below. The Bar Date applies to a claim based on an act or omission of a Debtor that occurred before the Filing Date, even if the claim is not now fixed, liquidated, or certain or did not mature or become fixed, liquidated, or certain before the Filing Date. Claims under Section 503(b)(9) of the Bankruptcy Code must also be filed by the Bar Date.
Under Section 101(5) of the Bankruptcy Code and as used in this Notice, the word “claim” means: (a) a right to payment, whether or not such right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured; or (b) a right to an equitable remedy for breach of performance if such breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, secured, or unsecured.

2. WHAT TO FILE

Your filed proof of claim must conform substantially to Official Form No. 410; a case- specific proof of claim form accompanies this notice. The Trustee is enclosing a proof of claim form for use in these cases; if your claim has been scheduled by the Debtors, the form also sets forth the amount of your claim as scheduled, the specific Debtor against which the claim is scheduled, and whether the claim is scheduled as disputed, contingent, or unliquidated. You will receive a different proof of claim form for each claim scheduled in your name by the Debtors. You may utilize the proof of claim form(s) provided by the Trustee to file your claim. Additional proofs of claim forms may be obtained at www.uscourts.gov/forms/bankruptcy-forms.

All proof of claim forms must be signed by the claimant or, if the claimant is not an individual, by an authorized agent of the claimant. It must be written in English and be denominated in United States currency. You should attach to your completed proof of claim any documents on which the claim is based (if voluminous, attach a summary) or an explanation as to why the documents are not available.

Your proof of claim form must not contain complete social security numbers or taxpayer identification numbers (only the last four digits), a complete birth date (only the year), the name of a minor (only the minor’s initials), or a financial institution account number (only the last four digits of such financial institution account).
Any holder of a claim against more than one Debtor must file a separate proof of claim with respect to each such Debtor and must identify on the proof of claim the specific Debtor against which the claim is asserted and the case number of that Debtor’s bankruptcy case. A list of the names of the Debtors and their case numbers is set forth in the footnote to the case caption above.

3. WHEN AND WHERE TO FILE

A proof of claim may be filed by sending it by U.S. mail, overnight delivery, or hand delivery to the following address:

Firestar Diamond, Inc. Claims Processing
c/o Omni Management Group
5955 De Soto Ave., Suite 100
Woodland Hills, CA 91367

or by hand delivery to the United States Bankruptcy Court for the Southern District of New York, One Bowling Green, Room 534, New York, NY 10004. A proof of claim is deemed filed only when received at one of the addresses listed above or filed with the Court electronically on the PACER system. A proof of claim may not be delivered by facsimile, telecopy, or electronic mail transmission.

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4. CLAIMS FOR WHICH A PROOF OF CLAIM NEED NOT BE FILED

You do not need to file a proof of claim on behalf of a claim on or before the Bar Date if the claim falls into one or more of the following categories:

(a) Any claim that has already been asserted in a proof of claim filed with the Clerk of the Bankruptcy Court for the Southern District of New York in a form substantially similar to Official Bankruptcy Form No. 410 (unless you wish to assert the claim against a Debtor not mentioned in the prior proof of claim, in which case an additional proof of claim must be filed);

(b) Any claim that is listed on the Schedules filed by the Debtors provided that (i) the claim is not scheduled as “disputed,” “contingent,” or “unliquidated;” (ii) the claimant does not disagree with the amount, nature, and priority of the claim as set forth in the Schedules; and (iii) the claimant does not dispute that the claim is an obligation only of the specific Debtor against which the claim is listed in the Schedules;

(c) Any claim that previously been allowed by Order of the Court;

(d) Any claim that has been paid in full by any of the Debtors;

(e) Any claim for which a different deadline has previously been fixed by this Court;

(f) Any claim by one Debtor against another Debtor; and

(g) Any claim allowable under § 503(b) and § 507(a) (2) of the Bankruptcy Code as an expense of administration of the Debtor’s estates.

(h) Any claim of a current employee of the Debtors, but only to the extent that such claim is solely for reimbursement of ordinary course business expenses or outstanding wages, base salary, commissions, benefits, bonuses, or other ordinary course compensation; but any employee of a Debtor who wishes to assert a claim against a Debtor that is not based solely on reimbursement of ordinary course business expenses or outstanding wages, base salary, commissions, benefits, bonuses, or other ordinary course compensation must file a proof of claim for such claim on or before the General Bar Date.

(i) The Debtors’ pre-petition lenders (Israel Discount Bank of New York and HSBC Bank USA, National Association).

If you are a holder of an equity interest in the Debtors, you need not file a proof of interest with respect to the ownership of such equity interest at this time. However, if you assert a claim against a Debtor, including a claim relating to such equity interest or the purchase or sale of such interest, a proof of such claim must be filed on or before the Bar Date pursuant to the procedures set forth in this Notice.

This Notice is being sent to many persons and entities that have had some relationship with or have done business with the Debtors but might not have an unpaid claim against the Debtors. The fact that you have received this Notice does not mean that you have a claim or that the Debtors, the Trustee, or the Court believe that you have a claim against the Debtors.

5. EXECUTORY CONTRACTS AND UNEXPIRED LEASES

If you have a claim arising out of the rejection of an executory contract or unexpired lease as to which the order authorizing such rejection is dated on or before October 5, 2018, the date of entry of the Bar Order, you must file a proof of claim by the Bar Date. Any person or entity that has a claim arising from the rejection of an executory contract or unexpired lease, as to which the order is dated after the date of entry of the Bar Order, you must file a proof of claim with respect to such claim so as to be received by the date fixed by the Court in the applicable order authorizing rejection of such contract or lease.

6. CONSEQUENCES OF FAILURE TO FILE A PROOF OF CLAIM BY THE BAR DATE ANY HOLDER OF A CLAIM THAT IS NOT EXEMPTED FROM THE REQUIREMENTS OF THIS ORDER, AS SET FORTH IN SECTION 4 ABOVE, AND THAT FAILS TO TIMELY FILE A PROOF OF CLAIM IN THE APPROPRIATE FORM SHALL NOT BE TREATED AS A CREDITOR WITH RESPECT TO SUCH CLAIM FOR THE PURPOSES OF VOTING ON ANY PLAN OF REORGANIZATION FILED IN THESE CASES OR PARTICIPATING IN ANY DISTRIBUTION IN THE DEBTORS’ CASES ON ACCOUNT OF SUCH CLAIM.

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7. THE DEBTORS’ SCHEDULES AND ACCESS THERETO

You may be listed as the holder of a claim against one or more of the Debtors in the Debtors’ Schedules of Assets and Liabilities and/or Schedules of Executory Contracts and Unexpired Leases (collectively, the “Schedules”). To determine if and how you are listed on the Schedules, please refer to the descriptions set forth on the enclosed proof of claim forms regarding the nature, amount, and status of your claim(s). If you received post-petition payments from the Debtors (as authorized by the Court) on account of your claim, the enclosed proof of claim form will reflect the net amount of your claims. If the Trustee believes that you might hold a claim against more than one Debtor, you should receive multiple proof of claim forms, each of which should reflect the nature and amount of your claim against one Debtor as listed in the Schedules.
If you rely on the Debtors’ Schedules, it is your responsibility to determine that the claim is accurately listed in the Schedules. However, you may rely on the enclosed form, which lists your claim as scheduled, identifies the Debtor against which it is scheduled, and specifies whether the claim is disputed, contingent, or unliquidated.
As set forth above, if you accept the nature, amount, and status of your claim as listed in the Schedules, and if you accept that your claim is only against the Debtor specified in the Schedules, and if your claim is not described as “disputed,” “contingent,” or “unliquidated,” you need not file a proof of claim. Otherwise, or if you decide to file a proof of claim, you must do so before the Bar Date in accordance with the procedures set forth in this Notice.

Copies of the Debtors’ Schedules are available for inspection at www.omnimgt.com/firestardiamond. Copies of the Schedules may also be examined between the hours of 9:00 a.m. and 4:30 p.m., Monday through Friday (except Federal holidays) at the Office of the Clerk of the Bankruptcy Court, One Bowling Green, Room 534, New York, New York 10004-1408. Copies of the Debtors’ Schedules may also be obtained by written request at the following address and telephone number: Omni Management Group, 5955 De Soto Ave., Suite 100 , Woodland Hills, CA 91367, (818) 906-8300.

A holder of a possible claim against the Debtors should consult an attorney regarding any matters not covered by this notice, such as whether the holder should file a proof of claim.

Dated: ___________________ BY ORDER OF THE COURT
New York, New York

JENNER & BLOCK LLP

By:/s/ Marc Hankin
Marc Hankin
Carl Wedoff
919 Third Avenue
New York, New York 10022
(212) 891-1600
mhankin@jenner.com
cwedoff@jenner.com

Angela Allen (admitted pro hac vice)
353 North Clark Street
Chicago, Illinois 60654
(312) 222-9350
aallen@jenner.com
Counsel for the Chapter 11 Trustee

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Press Releases

Reed Jewelry Group Appoints Portfolio Sales Director for JCK and Luxury

He will be responsible for strategy, leadership and development.

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(PRESS RELEASE) NORWALK, CT – Reed Jewelry Group announces the latest addition to its JCK and Luxury events team with the appointment of Jim Fox to the role of portfolio sales director focused on industry and customer relations.

Fox will be responsible for strategy, leadership and development within the JCK and Luxury sales team, as well as key account customer relationships of the jewelry industry’s leading events. The addition of this role will further JCK’s mission of becoming closer to its customers, extending the opportunity for the team to listen to customers and act on their feedback.

Fox has over 20 years of sales and business development experience in the luxury goods sector. Having served as sales director in the consumer products division of Swarovski for over nine years, he is also closely aligned with retail challenges and opportunities. He directed Swarovski’s licensed boutique business, creating 50 new stores and generating over $50 million in new business at casinos, airports and traditional retail outlets. Previously, his sales experience within the fine writing instrument division of The Gillette Co. gave him an insightful tour of luxury retail in partnership with brands such as Tiffany & Co., Neiman Marcus, Saks Fifth Avenue and guild independent jewelers.

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“JCK is excited to have such a seasoned luxury sales veteran join the management team,” says Sarin Bachmann, event vice president, JCK and Luxury. “Jim’s values and history of approaching sales as a consulting strategy aligns with our passionate commitment to customer satisfaction. We are confident that 2019 and beyond will bring a measurable difference for our customers.”

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Jewelers of America Announces 2019 GEM Awards Winners

Stewart Wicht received the GEM Award for Lifetime Achievement.

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(PRESS RELEASE) NEW YORK – Jewelers of America, the national trade association for businesses serving the fine jewelry marketplace, held the 17th annual GEM Awards on Friday, Jan. 11, 2019, at Cipriani 42nd Street in New York. Stewart Wicht received the GEM Award for Lifetime Achievement and Tiffany & Co. received the GEM Award for Marketing & Communications. The winners in the categories of Jewelry Design, Media Excellence and Retail Excellence were revealed live to an audience of nearly 600 press and jewelry industry elite.

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Fernando Jorge won the GEM Award for Jewelry Design. The other nominees in the Jewelry Design category were Valérie Messika and Silvia Furmanovich. The award was presented by 2018 GEM Award for Jewelry Design winner Irene Neuwirth.
The GEM Award for Media Excellence was given to Will Kahn of Town & Country. 2018 GEM Award winner Marion Fasel of The Aventurine, presented the award. The other Media Excellence nominees were Brecken Branstrator of National Jeweler and Michael Thompson of International Watch.

Threads took home the award for GEM Award for Retail Excellence. The other nominees for Retail Innovation were Broken English and Cellini. The award was presented 2017 GEM Award for Lifetime Achievement winner Jim Rosenheim of Tiny Jewel Box.

Rapper A$AP Ferg presented the GEM Award for Marketing & Communications, saying, “Holly Golightly and this boy from Harlem have more in common than you might think. When I was growing up, I’d sometimes walk past Tiffany on my way to Art and Design High School on Second Avenue. I’d stand at the Tiffany window and say to myself, Someday.” Andrea Davey accepted the award for Tiffany & Co., saying in part, “Tiffany’s story is more than 180 years old but forever young. It is exquisite beauty in everyday luxury. It is witty, natural, effortless elegance. It is New York and all her youthful energy. In 2018, we loved finding new ways—and new voices—for telling that story while staying true to the company’s heritage. We are delighted that, with this prestigious award, you seem to have loved it too.”

Wicht was honored with the GEM Award for Lifetime Achievement for his efforts to enhance the jewelry and watch industry’s image and set a standard of excellence that inspired industry colleagues throughout the course of his career. His career at Rolex spanned more than four decades. In 2011 he was appointed president and CEO of Rolex Watch U.S.A. Inc. Wicht retired in December 2018 but remains on the board of directors of Rolex Watch U.S.A. After receiving a standing ovation from the crowd, he thanked his Rolex team and explained his philosophy on work by saying, “I always say, ‘You can go faster alone but you can go further together.’”

GEM Awards Chair Olivier Stip of Chanel was the host of the evening. Sponsors of GEM Awards included: Cornerstone Sponsors – Chanel and Synchrony Financial; Premier Sponsors – Rolex and Signet Jewelers; Patron Sponsors – David Yurman, DeBeers Group, Hearts On Fire, Tourneau and Wempe; Benefactor Sponsors – Cellini Jewelers, COUTURE, JCK Events, Luxury Jewelers Resource Group, Movado Group, Inc., Tiffany & Co., Timeless Distributions and Unique Settings New York.

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Thailand Announces Readiness to Host Bangkok Gems and Jewelry Fair 2019

Under the concept of“Thailand’s Magic Hands”…

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(PRESS RELEASE) The 63rdBangkok Gems and Jewelry Fair announces its position as a leading fair in the world gems and jewelry industry with the upcoming show to be held from February 20 to 24, 2019, at Impact Muang Thong Thani.

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Ms. BanjongjittAngsusingh, director-general of Department of International Trade Promotion, Ministry of Commerce (Thailand) announces the country’s readiness to organize the 63rdBangkok Gems and Jewelry Fair February 2019 under the concept of “Thailand’s Magic Hands : The Spirit of Jewelry Making” on February 20 to 24, 2019 at ImpactMuang Thong Thani. For decades, Thai artisans have demonstrated their craftsmanship skills, from the prosperity of arts and culture since ancient times combined with unique Thai identity, Thailand’s craftsmanship has been passed on through the generations. Today, the skills of Thai artisans are a source of creative jewelry masterpieces. This international gems and jewelry fair is set to welcome over 20,000 visitors with over 2,200 booths from countries such as Japan, China, Hong Kong, Israel, India, Italy, South Korea, Turkey, Singapore, Indonesia and CLMV countries.At the fair, business matching activities will be held and a variety of gems and jewelry products will be on display from gemstones, diamonds, find jewelry, silver, gold, pearls, to machinery and equipment relating to the industry.

Moreover, visitors can explore the jewelry collections from leading Thai and international brands as well as 140 brands from new exhibitors in “The New Faces” zone from The Gem and Jewelry Institute of Thailand (GIT), Thai Goldsmiths Association, and new jewelry brands from across the country. In the “Innovation and Design Zone (IDZ)”, discover jewelry products that are innovative and creatively designed while “The Niche Showcase” and“The Jewelers” zone will showcase beautiful and unique jewelry from designers.

For more information, please visit www.bkkgems.com or email bkkgems@ditp.go.th.

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