Nineteenth Joint Advisory regarding Pending Motions

On November 30, 2018, the Receiver and the Examiner filed their nineteenth 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/ 

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Receiver’s 16th Interim Report Regarding Status of Receivership, Asset Collection and Ongoing Activities

On November 30, 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/ 

Receiver and Official Stanford Investors Committee Announce Settlement with Proskauer Rose LLP

On August 24, 2018, the Receiver, the Official Stanford Investors Committee (“OSIC”) and certain individual Investor Plaintiffs filed a Motion seeking Court approval of a settlement entered into with Proskauer Rose, LLP (“Proskauer”). Pursuant to the terms of the settlement, the Receivership Estate will receive $63 million. On September 11, 2018, the Court entered a Scheduling Order setting a hearing on the Motion to Approve the Proskauer Settlement and establishing a schedule for the submission of objections.

The Court has set a hearing on the Motion to Approve the Proskauer Settlement at 10:00 a.m. on Friday, December 14, 2018. Any party wishing to file an objection to the Proskauer Settlement must do so no later than Friday, November 23, 2018.

You may access the materials pertaining to the Proskauer Settlement by clicking 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/ 

Leroy King detained for extradition today

The police have arrested the local fraud accused in the Stanford Ponzi scheme, Leroy King, as the extradition process continues to drag on.

Lawmen picked up the former chief of the Financial Services Regulatory Commission earlier today “for extradition purposes”, according to police sources.

His lawyer, Dr. David Dorsett, confirmed this moments ago.

He also told OBSERVER media that he filed an appeal to the recent case that King lost in the Court of Appeal, and he ought not to removed with a case pending.

To view the full Article, 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/ 

Receiver Files Motion for Approval of 5th Interim Distribution Plan

On September 18, 2018, the Receiver filed a Motion for Approval of 5th Interim Distribution Plan.

To view a copy of the motion, 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/