Feb 09, 2015

EGL Israel’s Licence Cancelled by Parent Body

The holders of the worldwide rights of EGL yesterday sent out an advisory notifying members of the members of the Israel Diamond Exchange and all members of the diamond industry and trade, that “on November 25th, 2014, the license agreement with the gemmological laboratory operated by Mr. Guy Benhamou (a former EGL laboratory that also uses the name EGL INTERNATIONAL), located in the Noam building in Ramat Gan, was revoked and cancelled”.

The note from the EGL parent body went on to say, “Any certificate issued by this laboratory, including certificates bearing the name EGL INTERNATIONAL and/or the Internet address www.eglreports.org issued after this date is therefore a counterfeit report and the EGL trademark rights owners do not accept or regard such grading reports as reliable or credible”.

The holders of the worldwide rights of EGL went on to clarify that anyone making use of such reports “is in violation of the rights of EGL, is misleading the public and exposes himself to a variety of charges, in particular legal procedures and criminal charges due to infringements of trade mark laws and demands for compensation, and does so on his own accord with all the implications that this entails”.

The only laboratory in Israel eligible to issue grading reports that carry the EGL trademark and logo, the holders of the rights stated, is the EGC laboratory which resides at Shoham 8, Ramat Gan.