News

  • June 9, 2021
    ONTARIO COURT DISMISSES SIB’S CLAIM AGAINST TD BANK

    In a decision dated 8 June, 2021 Justice Barbara Conway of the Ontario Superior Court of Justice dismissed SIB’s case against TD Bank.  SIB was seeking damages from TD Bank in the amount of approximately US.5 billion.  Justice Conway ruled that TD did not owe [...]

  • April 27, 2021
    Court of Appeal Dismisses Majority of SIB’s Claims Against HSBC

    In a decision dated 15 April 2021 the Court of Appeal (CoA) overturned the decision of Mr Justice Nugee of the High Court of Justice of England and Wales and struck out the majority of SIB’s losses pursuant to the Quincecare negligence claim against HSBC [...]

  • April 21, 2021
    SIB v TD Bank Trial – Live Viewing Links Oral Closing Arguments

    The oral closing arguments for the SIB v TD trial can be watched live at 10.00am to 4.30pm EST via the following links: April 26, 2021: https://youtu.be/0wIFAJ5QPAg April 27, 2021: https://youtu.be/-R2GwQylaek April 28, 2021: https://youtu.be/nLT8R-fMt6s April 29, 2021: https://youtu.be/TbV_uhW46qg

  • April 14, 2021
    SIB’s claims against Proskauer Dismissed

    On 29 October 2020 the Eastern Caribbean Court of Appeal issued its decision in response to our appeal and held that we could not sue Proskauer in Antigua.  In respect of the ongoing US litigation in this matter, in which Proskauer was seeking to enforce [...]

  • March 30, 2021
    SIB v TD Bank Trial – Update

    Evidence in the trial has now completed and SIB and TD have rested their cases. Both parties are now in the process of preparing written closing submissions which are required to be lodged with the Court by 22 April.  The oral closing arguments are to [...]

  • February 23, 2021
    SIB v TD Bank Trial – Live Viewing Links March 2021

    Our trial against TD Bank resumes on Monday 1 March 2021. The trial can be watched live at 10.00am to 4.00pm EST daily via the following links: March 1: https://youtu.be/vXXzZFbqYIQ March 2: https://youtu.be/JUTgnkQnuoA March 3: https://youtu.be/-OZLdWqh6WI March 4: https://youtu.be/uwa4BFGaSSk March 5: https://youtu.be/TbVj3ls3yWM March 8: https://youtu.be/9K9H37ml-3c March 9: https://youtu.be/jgHJLZbQ6Xo March 10: https://youtu.be/_2fx3HKubZY March 11: https://youtu.be/mPkpZ11mtkM [...]

  • January 28, 2021
    SIB v TD Bank Trial – Live Viewing Links February 2021

    Our trial against TD Bank resumes on Monday 1 February 2021. The trial can be watched live at 10.00am to 4.00pm EST daily via the following links: Monday, February 1: https://youtu.be/SHcfj8dK8Vs Tuesday, February 2: https://youtu.be/wSoHnO1cWKY Wednesday, February 3: https://youtu.be/Qv5lHbD5H4g Thursday, February 4: https://youtu.be/ZPcr7HMn_D0 Friday, February [...]

  • January 26, 2021
    LIQUIDATORS ANNOUNCE THIRD DISTRIBUTION

    The Joint Liquidators of Stanford International Bank Limited (SIB) are pleased to announce that we have now received the Antiguan liquidation estates share of the remaining Swiss frozen funds.We are now preparing to pay a third distribution to creditors of 1% of their claim.1% of [...]

  • January 7, 2021
    SIB v TD Bank Trial – Live Viewing Links

    Our trial against TD Bank in relation to our .5 billion damages claim commences on Monday 11 January 2021. The trial can be watched live at 10.00am to 4.00pm EST daily via the following links: Monday January 11: https://youtu.be/ero7c9_DuGc Tuesday January 12: https://youtu.be/A-t9LaIjQ5w Wednesday January [...]

  • November 30, 2020
    Decision of the Swiss Federal Criminal Court

    See link to full, English translated, decision of the Swiss Federal Criminal Court ordering the release of all remaining Swiss frozen funds. Full Decision of FCC (English translation)Download