Gems TV (USA) Limited

Young Conaway acted as lead counsel to Gems TV (USA) Limited in its chapter 11 proceedings. Prior to the petition date, the Debtor was a U.S. retailer of colored gemstone jewelry. The Debtor sold its products through its 24/7 home shopping channel and its internet-based storefront. With the assistance of Young Conaway, the Debtor confirmed its chapter 11 plan of liquidation and emerged from bankruptcy protection on November 18, 2010.