Seventeenth Joint Advisory regarding Pending Motions

On May 18, 2018, the Receiver and the Examiner filed their seventeenth advisory to the Court regarding fully briefed motions ripe for ruling.

To view the advisory, please click here.

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/



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Receiver’s 14th Interim Report Regarding Status of Receivership, Asset Collection and Ongoing Activities

On November 27, 2017, the Receiver filed a report with the Court that discusses the status of the Receivership, the Receivership’s asset collection efforts and ongoing activities.

To view the report, click here.

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/



Stanford Receiver Renews Fight Over $88M Clawback Verdict

The court-appointed receiver handling the Ponzi implosion of Stanford International Bank asked a Texas federal judge on Thursday to overturn a jury’s decision keeping $88 million in Stanford cash in the hands of the cable and truck-racing magnate who received it shortly before Stanford collapsed.

Receiver Ralph Janvey filed a renewed motion for judgment as a matter of law, asking a judge to undo a jury verdict finding that Janvey cannot claw back the money from Gary Magness’ legal entities. Janvey told U.S. District Judge David Godbey there’s…

To view the full article, please click here.

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum http://sivg.org.ag/



Chadbourne Says Stanford Receiver Deal Nixes Investor Suit

Chadbourne & Parke LLP told a Texas federal judge on Wednesday that investors accusing it of facilitating Robert Allen Stanford’s $7 billion Ponzi scheme no longer have a viable claim after agreeing to a $35 million settlement and bar order with the receiver overseeing recovery for victims of the scheme.

The investors, the bulk of whom are Mexican citizens, claim Chadbourne as well as Proskauer Rose LLP and the firms’ attorneys aided the Ponzi scheme, in which Stanford’s foreign bank sold investors sham securities called certificates…

To view the full article, click Here.

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum http://sivg.org.ag/



Stanford Ponzi Receiver Doubles Down On Clawback Claim

The receiver for R. Allen Stanford’s $7 billion Ponzi scheme on Wednesday urged a Texas federal judge to force an investor to repay $88.2 million, saying that a jury’s recent finding blocking the attempted clawback actually proved the investor knew about the plot.

A Texas federal jury found earlier in January that billionaire Gary Magness shouldn’t have to return $88.2 million in loans from a bank affiliated with Stanford’s $7 billion scheme, saying that although investment vehicles owned by Magness had notice of the Stanford empire’s..

To view the full article, click Here.

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum http://sivg.org.ag/



Ninth-Justice Argument Rejected In Stanford Ponzi Case

The U.S. Supreme Court on Monday refused to reconsider its decision not to hear an appeal from convicted Ponzi schemer Robert Allen Stanford, who’s serving a 110-year sentence for running a $7 billion fraud, rejecting Stanford’s request it take up the case after President Donald Trump appoints a ninth justice.

Stanford had filed a petition for rehearing on Dec. 23, seeking another shot at appealing his prison sentence, arguing a Trump-appointed justice serving on a fully staffed nine-member bench could make all the difference in his…

To view the full article, click Here.

For a full and open debate on the Stanford receivership visit the Stanford International Victims Group – SIVG official Forum http://sivg.org.ag/