Compass Diversified reaches settlement in Lugano bankruptcy case
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Compass Diversified Announces Settlement Advancing Lugano Plan of Liquidation
June 24, 2026 4:15 PM EDTWESTPORT, Conn., June 24, 2026 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) ("CODI" or the "Company"), an owner of leading middle-market businesses, today announced that it has entered into a Settlement Agreement and Mutual Release and a related Plan Support Agreement (together, the "Settlement") in connection with the Chapter 11 proceedings of Lugano Diamonds & Jewelry Inc. and its affiliated debtors ("Lugano"). The Settlement, reached with Lugano and its official committee of unsecured creditors and other parties in interest, will be incorporated into Luganos proposed Plan of Liquidation and establishes the framework for CODI's... More
