Leo Robbins & Sons, Inc. a specialty jewelry retailerhas filed for Chapter 11 bankruptcy protection.

The Philadelphia-based jewler, which operates under the nameRobbins Diamonds, filed the petition in response to an involuntary Chapter 7bankruptcy petition filed by five other diamond companies in November. LeoSchachter Diamonds LLC and Sandberg and Sikorski Corp, two New York-areacompanies, as well as Salant Group Ltd., A.D.R. Krovbeld Diamonds Ltd. andYerushalmi Bros. Diamond Ltd., three Israel-based companies, filed the jointpetition on November 16.

According to court documents, Robbins Diamonds was requiredto submit a motion for restructuring or answer to the Chapter 7 petition in 7days. Leo Robbins & Sons’ largest unsecured creditor is the Salant Groupwhich it owes $899,700.

If you or someone you know is considering filing forbankruptcy in Texas, please contact the Galveston Bankruptcy Lawyers of Gipson& Norman by calling 409-765-6000.