May 4, 2012
By US District Judge David C. Godbey
By US District Judge David C. Godbey
After holding a hearing on the motion, considering all
objections, and reviewing the Receiver's cost estimate [1583], the
Court overrules the objections and grants the motion in full,
except that it alters the language of section twelve (12) of
the proposed Notice of Bar Date and Procedures for Submitting
Proofs of Claim form, Amend. Mot., Ex. 3, at 7 [1546-3], to
include "relating to this claim" after "for all purposes," so
that the clause reads: "If you submit a Proof of Claim Form
in this case, you consent to the jurisdiction of the District
Court for all purposes relating to this claim and agree to be
bound by its decisions..."
Accordingly, the Court orders that:
1. The Amended Motion is granted as described herein.
2. Objections Overruled. All objections not withdrawn or resolved by this Order are overruled in all respects.
3. Retention of Claims Agent and Other Professionals. The Receiver is hereby authorized to retain Gilardi & Co. LLC as its claims agent ("Claims Agent"), and the engagement agreement between the Receiver and Gilardi & Co. LLC, Order, Ex. 1, is hereby approved. The Receiver is further authorized to retain FTI Consulting, Inc. ("FTI") to provide consultation and analysis concerning claims reconciliation and related matters, and the engagement agreement between the Receiver and FTI, Order, Ex. 2, is hereby approved.
Accordingly, the Court orders that:
1. The Amended Motion is granted as described herein.
2. Objections Overruled. All objections not withdrawn or resolved by this Order are overruled in all respects.
3. Retention of Claims Agent and Other Professionals. The Receiver is hereby authorized to retain Gilardi & Co. LLC as its claims agent ("Claims Agent"), and the engagement agreement between the Receiver and Gilardi & Co. LLC, Order, Ex. 1, is hereby approved. The Receiver is further authorized to retain FTI Consulting, Inc. ("FTI") to provide consultation and analysis concerning claims reconciliation and related matters, and the engagement agreement between the Receiver and FTI, Order, Ex. 2, is hereby approved.
Stanford Financial U.S. Receiver Announces Notice of Bar Date to Submit Claims Against Stanford Financial Receivership
Entities
PLEASE TAKE NOTICE THAT the United States District
Court for the Northern District of Texas has entered an order
establishing September 1, 2012, at 11:59 p.m.(prevailing
Central Time) (the "Bar Date") as the last date for each person
or entity (including individuals, partnerships, corporations,
joint ventures estates, trusts and governmental units) who
asserts a claim (collectively, "Claimants", as more
specifically defined below) against any of the Receivership Entities
listed in the box below to submit a Proof of Claim Form.
|
Receivership Entities Stanford International Bank, Ltd. Stanford Trust Company Stanford Group Company Stanford Financial Group Company Stanford Capital Management, LLC Stanford Coins & Bullion, Inc. The list above contains only the more significant of the Receivership Entities. A complete list of the Receivership Entities is available at www.stanfordfinancialclaims.com |
Read more: http://sivg.org/article/2012_Stanford_investors_file_claims.html
Visit the Stanford International Victims Group - SIVG official forum http://sivg.org/forum/
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