Sightholder taking DTC to court

Jayam NV, an Antwerp diamond manufacturer and DTC sightholder is suing the DTC.
According to Mahendra (Madhu) Mehta, Jayam approached the DTC ombudsman twice and won in both cases. However, the DTC did not accept the ombudsman's rulings, and that has led to the lawsuit.
It is understood that Jayam's grievance is related to its dwindling rough diamond supply from the DTC.
According the DTC, they are rigorously defending the case and do not agree the case has any merit whatsoever.
Jayam was founded 100 years ago and has been sightholder since 1948.
The first hearing will take place at London's High Court on January 21, 2007

DTC leaves Thai market

The decision of the Diamond Trading Company to withdraw marketing support from 2007 in Thailand, Spain, Germany, Canada and United Kingdom may have come as a shock to retailers in those markets, but to the DTC it was a calculated move that is entirely in line with the goals of their Supplier of Choice.
They are realigning their marketing focus to those markets which represent 80 percent of the world demand for diamond jewellery.
The remaining markets where DTC still provides marketing support are: China, France, Gulf region, Hong Kong, India, Italy, Japan, South Africa, Taiwan and the US.
It's very difficult to believe for the sightholders that the DTC will not be there anymore in the future. So they'll be forced to do their promotions whitout the DTC.