Skip to main content

Pennies for innocent families, millions for lawyers, in Stanford settlements



Pennies for innocent families, millions for lawyers, in Stanford settlements

September 26, 2016
Pennies for innocent families, millions for lawyers, in Stanford settlements
Jaime Escalona with family in Venezuela
Austin, Texas (rushPRnews) 09/26/16 — COViSAL, a coalition of affected families in Latin America and around the world write an objection letter to the latest agreements in Stanford's case.
September 23, 2016
Honorable David Godbey, U.S. District Court in Dallas; Civil action: 3:09-CV-0298-N
We respectfully write to you in order to express our objection to the recent agreement reached by the U.S. Receiver and his attorneys, the Official Stanford Investors Committee, and the underwriters at Lloyd's of London. The continued delay in distribution from previous agreements has further frayed any trust the victims have in the Receiver and his attorneys. The saga drags on for thousands of families as they are forced to wait for money from the first agreements reached...


Labels:

Popular posts from this blog

FORMAL DEMAND: Immediate Interim Distribution of US$24.2M Unconditional Assets, Cessation of Estate Depletion, and Outstanding 22nd Report

June 20, 2026 Mark McDonald Joint Liquidator – Stanford International Bank Limited (in Liquidation) Grant Thornton New Zealand Limited Level 4, 152 Fanshawe Street PO Box 1961 Auckland 1010 New Zealand Kevin Hellard Joint Liquidator – Stanford International Bank Limited (in Liquidation) Grant Thornton UK LLP 30 Finsbury Square London EC2P 2YU United Kingdom Subject: FORMAL DEMAND: Immediate Interim Distribution of US$24.2M Unconditional Assets, Cessation of Estate Depletion, and Outstanding 22nd Report Dear Mr. McDonald and Mr. Hellard, I write on behalf of COViSAL and the Stanford International Bank (SIB) creditor body regarding your explicit written confirmation on May 7, 2026, establishing that the 22nd Report to Creditors would be issued on May 28, 2026—marking the standard six-month reporting cycle from your previous update. As of today, June 20, 2026, twenty-three days have elapse...
Read more

COViSAL #215 - 12ª Distribución Aprobada en EE.UU.; Incertidumbre en Antigua

  COViSAL -  For Restitution COViSAL.ORG View this email in your browser COViSAL    FOR  RESTITUTION,   SINCE  2009         http://www.covisal.org COViSAL #215 - 12ª Distribución Aprobada en EE.UU.; Incertidumbre en Antigua 29 de noviembre de 2025 Estimada(o) amiga(o): Te escribo para presentarte una actualización consolidada sobre el estado de la Administración Judicial en EE.UU. y la Liquidación del SIBL en Antigua, tras el reporte oficial de los Liquidadores Conjuntos del 28 de noviembre de 2025.  Administración Judicial en EE.UU.: 12ª Distribución en Marcha, Pendiente de Ejecución Orden Judicial Firme del 25 de Noviembre : El Juez Godbey aprobó la modificación del Plan Final de Distribución, autorizando: Pago retroactivo de  $36.15 millones  a las entidades Magness, Knudson y St. Anne's. Inclusión de estas reclamaciones en la distribución final. Un porcentaje de distribución del  7.10% ...
Read more

Stanford Receivership – Final Distribution Plan – Request for Clarification on Payment Methods (Check vs. Wire Transfer) and Unanswered Inquiry re: $8.1 Million Swiss Funds

  Stanford Receivership – Final Distribution Plan – Request for Clarification on Payment Methods (Check vs. Wire Transfer) and Unanswered Inquiry re: $8.1 Million Swiss Funds Jaime R. Escalona   < jaenrodes@gmail.com > 8:36 AM (4 minutes ago) to  Info-SFC ,  Ralph ,  Kevin ,  David ,  brendan.day ,  John ,  Ed ,  judith.blakeway April 7, 2026 VIA EMAIL To: Gilardi & Co. LLC Claims Agent for the Stanford Receivership info@stanfordfinancialclaims. com Ralph S. Janvey, Receiver Receiver's Attorneys: Kevin Sadler, David Arlington, Brendan Day c.c.  John Little, Examiner President of OSIC (Official Stanford Investors Committee): Ed Snyder, Judith Blakeway. Re: Stanford Receivership – Final Distribution Plan – Request for Clarification on Payment Methods (Check vs. Wire Transfer) and Unanswered Inquiry re: $8.1 Million Swiss Funds Dear Sirs, I write  on behalf of COViSAL and numerous other claimants  who are confused a...
Read more