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December 27, 2011

Alert: Crystallex International Corporation Files Chapter 15 Petition

Crystallex International Corporation is based in Toronto.  They are represented by Willkie Farr & Gallagher LLP.  According to the CEO's Declaration, the Company's primary business is the management of an arbitration claim against Venezuela of $3.8 billion.  Assets include the Arbitration Claim; mining equipment with an estimated value of $10.1 million and $2 million in cash or cash equivalents. 

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