• Robert Allen Stanford was convicted in 2012 for running a $7 billion Ponzi scheme
• Suit alleged Proskauer, other lawyers were negligent and abetted Stanford’s fraud
Proskauer Rose LLP has to go to trial on the claims against it brought by the receiver in the Stanford Financial Ponzi scheme case, despite having appealed a prior order, a Texas federal judge ruled.
Proskauer’s appeal from the court’s order denying its motion for judgment on the pleadings is “frivolous and dilatory,” Judge David C. Godbey of the U.S. District Court for the Northern District of Texas said April 23. A motion for judgment on the pleadings seeks a court ruling based on the papers filed, without going to trial…………..
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For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum https://www.tapatalk.com/groups/sivg/