sibliquidation.com
image

An Important Notice from the Joint Liquidators to Creditors

As advised by the Joint Liquidators on previous occasions, all eligible creditors yet to be paid in the first distribution will be receiving a cheque for their 1% distribution amount.

Unless advised otherwise, all eligible creditors will be receiving a cheque in this way. The cheques will be processed on the following basis:

• Due to the number of eligible creditors, cheques will be processed in batches, meaning that creditors will not all receive cheques during the same time period.

• Cheques will be mailed to the addresses provided by creditors on their claim forms.

IMPORTANT NOTE: Cheques will be made out to the name of the account holder (or registered beneficiaries if the account holder is deceased). Only the persons named on the cheques can deposit the cheques in a bank account in their own name. Cheques are not transferrable to other individuals. 

NOTICE TO CREDITORS
Re NET WINS AND PREFERENCES

30 MAY 2014

click for Notice

NOTICE TO CREDITORS AND CLAIMS BUYERS
WITH REGARDS TO TRANSFERRING CLAIMS

16 DECEMBER 2014

• click for Notice

The mission of the new liquidators of Stanford International Bank (SIB) is to recover $7 billion in losses stemming from the alleged R. Allen Stanford multi-billion Ponzi scheme and return the money to approximately 22,000 creditors in the shortest time possible. On May 12, 2011, Marcus Wide and Hugh Dickson were appointed the new liquidators of SIB. Mr. Wide and Mr. Dickson work for member firms of Grant Thornton International Limited* a network of independent firms delivering audit, tax and advisory services to a wide range of clients across the globe. Together Mr. Wide and Mr. Dickson have more than 60 years’ combined experience in insolvency and recovery–not only across borders, but also across a large number of jurisdictions, powered by the global reach of the Grant Thornton International network. Mr. Dickson and Mr. Wide replaced Nigel Hamilton-Smith and Peter Wastell by order of the High Court of Antigua.

*Grant Thornton International Ltd (Grant Thornton International) and the member firms are not a worldwide partnership.
Services are delivered independently by the member firms.

Distribution

Clawbacks

Dispelling the Myths

Liquidation Process

Cheaper, Faster, Fairer

– Please use the link provided to listen to the Online Creditors Meeting that was given by the Stanford International Bank Joint Liquidators on April 4, 2012.

click here to view webinar

 

– Please use the link provided to listen to the Online Creditors Meeting that was given by the Stanford International Bank Joint Liquidators on December 7, 2011.

click here to view webinar 

click here to view transcript

– Please use the links provided below to watch or read the transcript from the OnlineCreditors Meeting that was given by the Stanford International Bank Joint Liquidators on October 11, 2011.

click here to view webinar

click here to view transcript