SDC News
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 [...]
Provisional Liquidators to Stanford Development Company (“SDC”) Explain Provisional Liquidation Process
Antigua, May 15, 2013 - Marcus Wide of Grant Thornton (British Virgin Islands) Limited and Hordley Forbes of Forbes and Associates (Antigua) were appointed as Provisional Liquidators of SDC. Within that role, they have taken over the company and are duty-bound to preserve its assets. [...]
Provisional Liquidators Vow to Make Immediate Payment of Past Due Wages to Stanford Development Company (“SDC”) Employees
Antigua, April 19, 2013 - Marcus Wide of Grant Thornton (British Virgin Islands) Limited and Hordley Forbes of Forbes and Associates (Antigua) began to gain control of the assets of SDC on April 17, 2013. Today they have been able to access the payroll records [...]
