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  • May 10, 2019
    Notice to clients of Dr. Gaytri Kachroo of Kachroo Legal Services, P.C.

    Please take notice that Attorney Dr. Gaytri Kachroo will no longer represent any creditors of Stanford International Bank. The Joint Liquidators will be issuing further distributions to Dr. Kachroo’s clients either a) directly to those creditors who have updated their contact details since the resignation [...]

  • May 6, 2019
    Notice to clients of Castillo Snyder, PC

    Please take notice that law group Castillo Snyder has advised that they will no longer be accepting distribution cheques on behalf of their clients. The Joint Liquidators have requested alternative contact details from Castillo Snyder for their clients so that distribution cheques may be issued [...]

  • April 10, 2019
    Claims Against Banks – Individual Claims and Representation

    It has been brought to our attention that a number of creditors have received correspondence from a US law firm requesting that creditors enter into a representation agreement with them or they risk losing their claims against the banks. The correspondence refers to claims against [...]

  • March 6, 2019
    LIQUIDATORS ANNOUNCE SECOND DISTRIBUTION

    The Joint Liquidators of Stanford International Bank Limited (SIB) are pleased to announce that we are preparing to pay a second distribution of US million to the creditors. This distribution equates to approximately 0.6% of the total admitted claims in the liquidation of SIB. The [...]

  • November 6, 2018
    Notice of Resignation of Marcus Wide as Joint Liquidator of the Company

    To the Creditors, Stanford International Bank Limited – in Liquidation (the Company) Claim No: ANUHCV2009/0149 Notice of Resignation of Marcus Wide as Joint Liquidator of the Company I write to notify the creditors of the Company that as of 31 December 2018, Marcus Wide, intends [...]

  • February 2, 2016
    Media Blitz: further exposing TD Bank’s role in the second biggest Ponzi scheme

    The Billionaire and the Bank. How a Canadian bank backed a billionaire fraudster: Watch Full Episode. Global News: 16x9 January 30 2016 8:02pm The biggest Ponzi schemes: Stanford vs Madoff By Francesca Fionda and Gil Shochat Global News: Crime January 30, 2016 10:00 am Allen [...]

  • May 30, 2014
    NOTICE TO CREDITORS Re NET WINS AND PREFERENCES

    The Joint Liquidators determined after taking appropriate legal advice that certain payments made by Stanford International Bank Limited (whilst it was still operating) were made in a way that they should be "clawed back" into the Liquidation estate, and re-distributed amongst all the of the [...]

  • March 4, 2014
    DISTRIBUTION PROCESS UNDERWAY TO SIB CREDITORS

    Distribution selection instructions for Commercial and Personal Accounts. Antigua, March 4, 2014 - As of Saturday, February 22, ITAL Bank is distributing notices on a rolling bases to Stanford International Bank "SIB" Creditors with claims admissible for distribution. Approximately 1,000 claims a day are being [...]

  • January 20, 2014
    The Joint Liquidators Announce First Distribution

    Antigua, January 20, 2014 – After receiving a number of proposals Joint Liquidators Marcus Wide and Hugh Dickson of Grant Thornton have entered into an agreement with ItalBank International of Puerto Rico, to act as distribution agents for dividend payments to Stanford International Bank creditors. Creditors [...]

  • October 21, 2013
    Stanford Development Company (“SDC”) Placed in Liquidation Process

    Antigua, October 21, 2013 – SDC was placed in liquidation on October 14, 2013 resulting in the regretful termination of its staff.  Notwithstanding the necessity of this action, the Liquidators are encouraged to learn that several of SDC's former employees are already meeting with prospective employers. The Liquidators could [...]