JCK reports that jeweler David Webb has filed for chapter 11 bankruptcy protection.
The "Silberstein Family Partnership" is listed as the company's sole owner.
Assets are listed as $10.3 million, and liabilites as $6.9 million.
Top creditors include Frank Mastoloni and Sons ($333,000), Dov Schwarrz ($165,000), J Birnbach ($30,000) and PH Gems ($19,000).
David Webb cited "very poor economic conditions in the United States" and weak sales. Just yesterday, Henry Dunay Designs filed bankruptcy. High-end retailers have been reducing inventory, which can have a major impact on the jewelers and fashion labels.
JCK 
