Finance Luxembourg SA

OpenCalais Metadata: Ticker

OpenCalais Metadata: LegalName

Rigo Trading S.A.

Folli Follie creditors see protection as invalid

Folli Follie creditors - banks and bondholders - are expected to determine their stance this week toward the listed company's recourse to protection from bankruptcy.

The luxury jewelry firm's inclusion in the pre-bankruptcy procedure last week was meant to prevent the seizing of its assets and other measures that would have forced it to halt operations.