12 May 2011 – Court Order – Appointment of New Liquidators of SIB
1. The original order remains in force as against RAS, who is still unrepresented.
2. Andrea Stoelker is released from being a direct respondent to the order, but remains indirectly bound by it to the extent she is an agent or facilitator for the remaining respondents. She also remains as defendant to the Antiguan law suit.
3. The land assets we have identified in Antigua remain frozen. They can be sold, but the Estate has an opportunity to challenge the valuations.
4. The corporate respondents can meet normal business expenditure (as before).
5. We have the ability to monitor SDC’s bank account electronically.
6. All revenue generated by the corporate defendants has to be paid into SDC’s bank account referred to at para 5 above.
7. The corporate defendants have to give certain disclosure of what non real estate assets they each have, and their value. We can challenge these values if we wish.
To read the order, please press here.