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Showing posts with the label Lloyd's of London

COViSAL's objection to agreement with Lloyd's of London and others

COViSAL For Justice & Restitution _______________________________________________________________ S eptember 23, 2016 Clerk of the Court United States District Court Northern District of Texas 1100 Commerce Street Dallas, Texas 75242 ATTN: Chambers of the Honorable David Godbey Civil actions: 3:09-CV-0298-N/3:09-CV-01736-N/3:13-CV-2226-N/ 3:15-CV-1997-N/ 3:14-CV-3731-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 over six months ago. When Stanford Financial Group was seized by the U.S. authorities in 2009, the wo...