By and and  on January 7, 2009

Like its vintage jewels, old problems at Fred Leighton continue to resurface.

Ralph Esmerian, the notable jewelry collector and dealer who acquired the jeweler in 2006 along with Merrill Lynch’s Global Asset Based Finance Group, has relinquished control and authority over all aspects of Fred Leighton Holding Inc. to Thomas Shull, chief executive officer of Meridian Ventures LLC. Shull has been named chief restructuring officer-plan facilitator of Fred Leighton.

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