Michael Beaudry Inc Files For Bankruptcy

June 10, 2009 | Posted by bLavish as Jewelry at 10:00 am | Comments off

michael-beaudry-chapter-11Red carpet jeweler Michael Beaudry Inc has filed for bankruptcy making us all wonder where celebs are now going to go for their ice.

Michael Beaudry puts their debts at in between $10 million and $50 million and sister company Centerstone Diamonds has also filed for Chapter 11.  Beaudry is a second generation jeweler as his uncle was a diamond cutter. 

It’s a sad day for jewels.