Las víctimas olvidadas de Stanford ahora disponible en español

Las víctimas olvidadas de Stanford, ahora disponible en español en:

Saturday, May 31, 2014

Grant Thornton 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 creditors/victims. In effect, the Joint Liquidators say that these payments were made from money that should have been available to all victims, not just the few. The Joint Liquidators have provided, or will provide, written notice to all those who received such payments, also described as “Net Winners” or Preferences Recipients”, of this position. If all such amounts were recovered and re-distributed, this would result in an additional 24% of their approved claims to the 80%+ of creditors/victims who did not benefit from these payments.

To read the full transcript along with the Amicus order issued by the court click here.

For a full and open debate on the Stanford Receivership visit the Stanford International Victims Group – SIVG official forum

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