June 28, 2023   Mark McDonald Joint Liquidator Stanford International Bank Limited - in Liquidation   Dear Mr. McDonald,   I,  Jaime R. Escalona , in my capacity as founder of COViSAL, a coalition that brings together more than 1,500 survivors of the Stanford Financial Group debacle;  through this letter, I convey to you our members’ indignation for your seven  (7)  months of silence and their demand for a detailed report with the plans and strategies in the conclusion of the pending litigation, the closing of the Liquidation of Stanford International Bank Limited  ("SIBL")  and distribution of the remaining funds.   It is obvious that additional recoveries through litigation are uncertain. The main lawsuit against  Toronto Dominion Bank  in  Canada  for  $4.5 billion  failed in the  Court of First Instance  and in the  Court of Appeal  due to the  indolence  of our Trial Lawyers.  Insensitivity was evident  in the  "Live Viewing Links Oral Closing Arguments"  of Ap

28 de junio, 2023 Mark McDonald Liquidador Conjunto Stanford International Bank Limited - in Liquidation Asunto : Exigencia de COViSAL a Grant Thornton para que después de catorce (14) años de ineficacia, presente un reporte claro con resultados y el plan de cierre de la Liquidación del SIBL.    Estimado Sr. McDonald: Yo, Jaime R. Escalona , en mi carácter de fundador de COViSAL, coalición que agrupa más de 1500 sobrevivientes de la debacle del Stanford Financial Group; por medio de esta carta le transmito el disgusto de sus miembros por su siete (7) meses de silencio y la exigencia que me han hecho para que le solicite un informe detallado de los planes y estrategias en la conclusión de los litigios pendientes, cierre de la Liquidación del Stanford International Bank Limited ("SIBL") y distribución de los fondos restantes. Es obvio que recuperaciones adicionales por medio de litigios son inciertas. El litigio principal contra el Toronto Dominion Bank en Canadá por $4,50

   COViSAL   -  For Restitution March 13, 2023   Clerk of the Court United States District Court Northern District of Texas 1100 Commerce Street Dallas, Texas 75242 ATN: Chamber of the Honorable David Godbey Last week, the U.S. Receiver for the Stanford Financial Group (“SFG”) reached an agreement for the ludicrous amount of $1,602 million with five (5) banks, Toronto Dominion Bank, HSBC, Société Générale (Suisse), Trustmark National Bank and Independent Bank accused of being abettors necessary in the execution of the Stanford Ponzi Scheme which fleeced depositors out of $7 billion. This settlement would potentially award attorneys more than $400 million in fees and expenses. When on February 16, 2009,  SFG  was seized by U.S. authorities the lives of thousands of families in the United States, Latin America, and other countries around the world were ruined. They had invested their life savings in a promise of safety under the protective umbrella of the United States. It was on this pr

  COViSAL   -  For Restitution March 13, 2023   Clerk of the Court United States District Court Northern District of Texas 1100 Commerce Street Dallas, Texas 75242 ATN: Chamber of the Honorable David Godbey Last week, the U.S. Receiver for the Stanford Financial Group (“SFG”) reached an agreement for the ludicrous amount of $1,602 million with five (5) banks, Toronto Dominion Bank, HSBC, Société Générale (Suisse), Trustmark National Bank and Independent Bank accused of being abettors necessary in the execution of the Stanford Ponzi Scheme which fleeced depositors out of $7 billion. This settlement would potentially award attorneys more than $400 million in fees and expenses. When on February 16, 2009, SFG was seized by U.S. authorities the lives of thousands of families in the United States, Latin America, and other countries around the world were ruined. They had invested their life savings in a promise of safety under the protective umbrella of the United States. It was on this prin