COViSAL email to Janvey & attorneys -Time is of the Essence: Release Stanford Settlement Funds to Suffering Victims Now
Time is of the Essence: Release Stanford Settlement Funds to Suffering Victims Now From: Jaime R. Escalona < jaenrodes@gmail.com > Sent: Tuesday, February 6, 2024 12:10 AM To: Ralph Janvey < rjanvey@kjllp.com > Cc: Kevin.sadler@bakerbotts.com ; John Little < john@johnjlittlelaw.com >; Morgenstern, Peter < morgenstern@butzel.com >; Ed Snyder < esnyder@casnlaw.com > Subject : Time is of the Essence: Release Stanford Settlement Funds to Suffering Victims Now Dear Mr. Janvey, Thousands of families continue to grapple with financial and medical hardship due to Stanford's fraud. While the recent $100 million settlement from Trustmark offers a glimmer of hope, the proposed 25% attorney fee award leaves a mere $75 million for distribution. We urge you to prioritize victim relief by expediting the release of these funds without further delay . The mentioned distribution schedule, requiring court approval, presents a hurdle. We implore the Court to swiftly grant...