" he asked. "I'm not gonna talk about that." On the eve of the fifth anniversary of the scandal, Dallas attorney Ralph Janvey, appointed by a federal judge to head the receivership and round up assets for the victims, said he feels the victims' pain. "Even though my team and I hav...
Antiguan and US receivers liquidating convicted fraudster Allen Stanford’s offshore bank reached a settlement that could return a portion of the $300m in disputed assets to victims. The settlement between the US receiver, Ralph Janvey, US Department of Justice, and receivers appointed by an An...
Nigel Hanilton-Smith and Peter Wastell, Client Partners at Vantis Business Recovery Services, a division of Vantis, the UK accounting, tax and business advisory group, were appointed by the Financial Services Regulatory Commission (FSRC) of Antigua and Barbuda as Joint Receivers on 19th February 20...
The timing of the Court’s approval and any subsequent distribution has yet to be determined. As additional information becomes available, the Receiver and Examiner will post updates to the Stanford Financial Group Receivership websites and toon the Examiner’s website. Q: I have already filed a...
Even the federal judge overseeing the Stanford receivership, David Godbey in Dallas, made note of the apparent contrast during a status hearing Jan. 16, a week after authorities announced a $2 billion settlement with JPMorgan Chase for its role in the Madoff scandal. ...
“The receivership estate is currently in dire financial straits,” the SEC said in court papers. “[Paying out $20m would] deplete nearly 30 per cent of the cash recovered and under the receiver’s control as of mid-May.” Responding to Mr Janvey’s request for payment, Sir Allen’s ...