Articles
Stanford Judge Says Receiver May Need to Wind Down Search
By Laurel Brubaker Calkins and Andrew Harris – Oct 13, 2011 7:35 PM ET· R. Allen Stanford’s court-appointed receiver may need to stop searching for a secret “pot of gold” and pay defrauded investors from the assets he has recovered so far, the judge overseeing [...]
INTERVIEW-Stanford bank liquidators seek assets recovery deal
INTERVIEW-Stanford bank liquidators seek assets recovery deal * Say in talks with U.S. receiver on common claims process * Victims face delays, disputes over getting money back * Liquidators asking U.S. DOJ to end Swiss accounts freeze By Pascal Fletcher MIAMI, Oct 13 (Reuters) – [...]
Stanford Bank Liquidators Dispute Predecessor’s $18 Million Fee
Oct. 12 (Bloomberg) -- The firm originally appointed to wind up R. Allen Stanford’s bank charged million in fees while recovering around 0,000 for victims of the fraud, according Grant Thornton LLP, the bank’s new liquidator which is seeking to have the bill reduced. [...]
Investors question Antigua Stanford liquidators
TEXAS, United States, Thursday August 18, 2011 – Following a recent decision by a London court authorizing the Antiguan liquidators of Stanford International Bank (SIB) to spend up to US$20 million of funds frozen in the U.K, a US court-appointed investors committee has asked the [...]