{"id":23221,"date":"2023-10-13T11:26:21","date_gmt":"2023-10-13T05:56:21","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=23221"},"modified":"2023-10-13T11:26:21","modified_gmt":"2023-10-13T05:56:21","slug":"major-u-s-lgd-producer-wd-lab-grown-diamonds-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/major-u-s-lgd-producer-wd-lab-grown-diamonds-files-for-bankruptcy\/","title":{"rendered":"Major U.S. LGD Producer WD Lab Grown Diamonds Files for Bankruptcy"},"content":{"rendered":"<p>WD Lab Grown Diamonds, the second-largest producer of lab-grown diamonds (LGDs) in the United States, has declared bankruptcy, marking a significant setback in the burgeoning lab-grown gemstone industry, according to media reports.<\/p>\n<p>This Washington-based company, which sought Chapter 7 protection in a Delaware bankruptcy court, disclosed total liabilities of $44 million, while its assets amounted to $3 million. The company reported having between 100 and 199 creditors.<\/p>\n<p>In 2021, WD Lab Grown Diamonds became the first diamond company to be certified under the \u201cStandard for Sustainable Diamonds\u201d by third-party verifier SCS Global Services. Established in 2008, WD Lab Grown Diamonds played a pivotal role in reshaping the global LGD industry, generating $33 million in revenue just last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WD Lab Grown Diamonds, the second-largest producer of lab-grown diamonds (LGDs) in the United States, has declared bankruptcy, marking a significant setback in the burgeoning lab-grown gemstone industry, according to media reports. This Washington-based company, which sought Chapter 7 protection in a Delaware bankruptcy court, disclosed total liabilities of $44 million, while its assets amounted&hellip;<\/p>\n","protected":false},"author":1,"featured_media":23222,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-23221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Major U.S. LGD Producer WD Lab Grown Diamonds Files for Bankruptcy - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/major-u-s-lgd-producer-wd-lab-grown-diamonds-files-for-bankruptcy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Major U.S. LGD Producer WD Lab Grown Diamonds Files for Bankruptcy - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"WD Lab Grown Diamonds, the second-largest producer of lab-grown diamonds (LGDs) in the United States, has declared bankruptcy, marking a significant setback in the burgeoning lab-grown gemstone industry, according to media reports. This Washington-based company, which sought Chapter 7 protection in a Delaware bankruptcy court, disclosed total liabilities of $44 million, while its assets amounted&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/major-u-s-lgd-producer-wd-lab-grown-diamonds-files-for-bankruptcy\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-13T05:56:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2023\/10\/LGD-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/major-u-s-lgd-producer-wd-lab-grown-diamonds-files-for-bankruptcy\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2023\/10\/LGD-1.jpg\",\"width\":1000,\"height\":600},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/major-u-s-lgd-producer-wd-lab-grown-diamonds-files-for-bankruptcy\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/major-u-s-lgd-producer-wd-lab-grown-diamonds-files-for-bankruptcy\/\",\"name\":\"Major U.S. LGD Producer WD Lab Grown Diamonds Files for Bankruptcy - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/major-u-s-lgd-producer-wd-lab-grown-diamonds-files-for-bankruptcy\/#primaryimage\"},\"datePublished\":\"2023-10-13T05:56:21+00:00\",\"dateModified\":\"2023-10-13T05:56:21+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/major-u-s-lgd-producer-wd-lab-grown-diamonds-files-for-bankruptcy\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/23221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=23221"}],"version-history":[{"count":1,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/23221\/revisions"}],"predecessor-version":[{"id":23223,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/23221\/revisions\/23223"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/23222"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=23221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=23221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=23221"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=23221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}