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Showing posts from March, 2026

Letter from COViSAL to US Receiver, Counsel, and OSIC: Second Request Regarding $8.1 Million Swiss Funds

LETTER FROM COViSAL TO US RECEIVER, COUNSEL, AND OSIC Second Request Regarding $8.1 Million Swiss Funds Date: March 11, 2026 TO: Ralph Janvey, U.S. Receiver Kevin Sadler – Baker Botts LLP Scott Powers – Baker Botts LLP David Arlington – Baker Botts LLP Brendan Day – Baker Botts LLP John Little, Examiner Ed Snyder – Counsel Judith Blakeway – Official Stanford Investors Committee Members of the Official Stanford Investors Committee CC: Gilardi & Co. (Claims Agent) COViSAL Dear Mr. Janvey, Counsel, Mr. Little, Mr. Snyder, and Members of the Official Investors Committee, I am writing again on behalf of COViSAL to request a definitive clarification regarding the destination of the $8.1 million from the Swiss bankruptcy proceeding, which were transferred to the Receiver by the Antiguan Joint Liquidators (JLs) on December 17, 2025 . Since our first request did not receive a response on this specific point, we are submit...

Carta de COViSAL al Síndico de EE.UU., sus Abogados y OSIC: Segundo Requerimiento sobre $8.1 Millones de Fondos Suizos

CARTA DE COViSAL AL SÍNDICO DE EE.UU., SUS ABOGADOS Y EL COMITÉ OFICIAL DE INVERSIONISTAS (OSIC) Segundo Requerimiento sobre los $8.1 Millones de Fondos Suizos Fecha: 11 de marzo de 2026 PARA: Ralph Janvey, Síndico de EE.UU. Kevin Sadler – Baker Botts LLP Scott Powers – Baker Botts LLP David Arlington – Baker Botts LLP Brendan Day – Baker Botts LLP John Little, Examiner Ed Snyder – Counsel Judith Blakeway – Official Stanford Investors Committee Miembros del Comité Oficial de Inversionistas de Stanford (OSIC) CC: Gilardi & Co. (Agente de Reclamaciones) COViSAL Estimado Sr. Janvey, Abogados, Sr. Little, Sr. Snyder, Sra. Blakeway y Miembros del Comité Oficial de Inversionistas: Escribo nuevamente en nombre de COViSAL para solicitar una aclaración definitiva sobre el destino de los $8.1 millones de dólares provenientes del procedimiento de quiebra suizo, que fueron transferidos al Síndico por los Liquidadores Conjunto...