News
Stanford International Bank Creditors’ Committee Urges U.S. and U.K. Authorities to Unfreeze Millions Immediately
Newly formed creditors’ committee is working closely with liquidators, but fears recovery efforts could stall if money isn’t released soon ANTIGUA-July 13, 2011– Liquidators of Stanford International Bank announced today that its newly formed Advisory Creditors’ Committee is backing a proposal to urge the U.S. [...]
Stanford International Bank Creditors’ Committee formed to provide assistance to the Liquidators
ANTIGUA-July 1, 2011– Liquidators of Stanford International Bank announced today that its newly formed Advisory Creditors’ Committee has had its first meeting in keeping with the Joint Liquidators commitment to creditor involvement with the liquidation process. “It was a very productive meeting” said Marcus Wide [...]
The Joint Liquidators of Stanford International Bank announce plans to harmonise recovery efforts for the victims of the Stanford fraud
June 29, 2011 Today the Joint Liquidators of Stanford International Bank in Antigua, announced that they were making progress in their efforts to ensure that the efforts of the various stakeholders were focused on maximizing the total recovery for victims. “We have resolved not to have litigation [...]
NEW STANFORD INTERNATIONAL BANK LIQUIDATORS AIM TO CONVINCE OFFICIALS TO UNFREEZE HUNDREDS OF MILLIONS
Liquidators weigh selling real estate assets to generate funds, but worry that lack of liquidity could dampen creditors’ prospects for a strong recovery ANTIGUA-June 15, 2011– The newly appointed liquidators of Stanford International Bank announced today that they hope to reach a compromise with various [...]
Press Release in respect of the appointment
13 May 2011 - Press Release in respect of the appointment Click to view PDF: Press Release of the appointment