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5th Circuit Bar Order Appeal Decision
Fifth Circuit Court of Appeals Decision Regarding US Bar Order In a decision dated 9 August 2024, the Fifth Circuit ruled that the US District Court for the Northern District of Texas did not have the requisite personal jurisdiction to bind the Antiguan Joint Liquidators [...]
Notice of Appointment of Kevin Hellard as Joint Liquidator of the Company
See attached Court Order dated 17 November 2023.
Notice of Resignation of Hugh Dickson as Joint Liquidator of the Company
To the Creditors, Stanford International Bank Limited – in Liquidation (the Company) Notice of Resignation of Hugh Dickson as Joint Liquidator of the Company I write to notify the creditors of the Company that as of 31 December 2023, Hugh Dickson intends to retire from [...]
Supreme Court Dismisses Majority of SIB’s Claims Against HSBC
The Supreme Court of the United Kingdom handed down its 48 page decision on 21 December 2022, finding in summary that a significant part of the loss suffered by SIB cannot be claimed from HSBC. The case was heard on 19 January 2022 before a [...]
Court Of Appeal for Ontario dismisses SIB’s appeal against TD Bank
On 17 November 2022, the Court of Appeal for Ontario dismissed the Joint Liquidators’ Appeal of the Ontario Court’s June 2021 decision which dismissed the Joint Liquidators’ claim for approximately US.5 billion in damages from Toronto-Dominion Bank. The decision is deeply disappointing given that this [...]
SIB v TD Bank Appeal – live viewing link
The Joint Liquidators’ Appeal of the decision of the Ontario Superior Court of Justice will be heard by the Ontario Court of Appeal for one and a half days on 20 April 2022 and 21 April 2022 from 10am EST (GMT-4). Prior to clicking the [...]
Deadline for submitting a proof of debt or claim
To be eligible for all distributions made by the Joint Liquidators, including past distributions, creditors must submit their valid proof of debt or claim by no later than 16 April 2022. Creditors who do not submit a valid proof of debt or claim by 16 [...]
SIB v HSBC appeal – hearing viewing link
We advise that the Joint Liquidators’ appeal for SIB’s damages claim in negligence against HSBC will be part heard from 6:30am (Eastern Caribbean time, UTC -4 hours) on Wednesday, 19 January 2022. The hearing can be viewed live via the Supreme Court’s viewing portal. We [...]
Supreme Court grants SIB permission to appeal HSBC decision
We are pleased to advise that the Supreme Court, the United Kingdom’s highest court, has granted SIB permission to appeal the decision of the Court of Appeal. In a decision dated 15 April 2021 the Court of Appeal dismissed SIB’s claim in dishonest assistance and [...]
SIB Appeals TD decision to Ontario Court of Appeal
After fully considering the Ontario Superior Court of Justice trial decision dismissing SIB’s case against TD Bank, we have appealed the decision to the Ontario Court of Appeal. See attached copy of our notice of appeal setting out the grounds for the appeal supporting our [...]
