SIVG – Stanford International Victims Group https://www.tapatalk.com/groups/sivg/ dedicated to fighting for the recovery of the Billions of Dollars belonging to the thousands of International Investors who are affected by the alleged fraud of Stanford Financial Group and Stanford International Bank in Antigua
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:
On August 29, 2018, the Receiver filed with the United States District Court for the Northern District of Texas, Dallas Division, the 18th Schedule of distribution payments under the 1st Interim Distribution Plan, the 9th Schedule of distribution payments under the 2nd Interim Distribution Plan, the 5th Schedule of distribution payments under the 3rd Interim Distribution Plan, and the 3rd Schedule of distribution payments under the 4th Interim Distribution Plan. These four Schedules will be followed by others, each of which will be submitted by the Receiver on a rolling basis. To view a copy of these four Schedules,