On May 18, 2018, the Receiver and the Examiner filed their seventeenth advisory to the Court regarding fully briefed motions ripe for ruling.
To view the advisory, please click here.
For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum https://www.tapatalk.com/groups/sivg/
On May 18, 2018, the Receiver filed a report with the Court that discusses the status of the Receivership, the Receivership’s asset collection efforts and ongoing activities.
To view the report, click here.
For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum https://www.tapatalk.com/groups/sivg/
On May 7, 2018, the District Court denied twelve pending motions to intervene filed by Stanford Investors. The Court held that Movants failed to establish a right to intervene because (1) their interests are adequately represented by the Receiver, the Official Stanford Investors Committee, the court-appointed Examiner, and the Securities and Exchange Commission, and (2) given the Receiver’s claims process, disposition of the action does not impair or impede Movants’ ability to protect their interests.
To view the order, click here.
For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum https://www.tapatalk.com/groups/sivg/
On March 26, 2018, the District Court approved a settlement agreement by and among the Receiver, the Official Stanford Investors Committee, and certain individual Investor Plaintiffs, and Hunton and Williams LLP. Pursuant to the terms of the settlement, once the District Court’s order becomes final, the Receivership Estate will receive $34 million. The Receiver will file a motion with the District Court asking for permission to distribute the proceeds of the settlement after they are received, net of attorneys’ fees and expenses awarded by the Court, to Stanford Investors who have claims approved by the Receiver.
To view a copy of the Court’s Order approving the settlement, click here.
To view a copy of the Court’s Order approving attorneys’ fees, click here.
For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum https://www.tapatalk.com/groups/sivg/
On November 27, 2017, the Receiver filed a report with the Court that discusses the status of the Receivership, the Receivership’s asset collection efforts and ongoing activities.
To view the report, click here.
For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum https://www.tapatalk.com/groups/sivg/
