OPEN LETTER FOR IMMEDIATE RELEASE

It is very important that you participate in this action. You should decide how your money is spent, and whether all available funds should be distributed to you, or should be fund ongoing efforts by the receivership and/or the joint liquidators. Don't let few persons decide for you! Please read carefully the letter, proposed by one victim, and provide your acceptance in case you agree. We need as much victims as possible supporting this letter in order to make enough pressure to achieve a prompt distribution.

OPEN LETTER FOR IMMEDIATE RELEASE

March 12, 2013
FOR IMMEDIATE RELEASE

TO:
Mr. Ralph Janvey
Mr. Marcus Wide
Mr. Hugh Dickson

CC:
Mr. John Little
Mr. Edward C. Snyder
Mr. Kevin M. Sadler
Mrs. Jennifer Ambuehl

Dear Mr. Janvey, Mr. Wide and Mr. Dickson,
Months have gone, it is March 2013 and the real victims of the Stanford fraud (hereinafter "we", "us") have not yet received any information about the distribution of our money located in the USA and abroad.

So far we have suffered from lack of information and transparency. However this should not happen because you are working for us.

As it was mentioned by the OSIC in January 22, 2013: "We (the OSIC) strongly believe that you, the victims of this horrible crime, should decide how your money is spent, and whether all available funds should be distributed to you, or to fund ongoing efforts by the receivership or the joint liquidators"

We demand that all the money collected so far to be immediately distributed to us.

We agreed all together with this petition and as both of you are working for us (and both of you have being paid so far with our money), you must listen to our petition. We have taken this decision, so please inform us as soon as possible:
1- how much money there is for distribution so far identified in the USA and abroad
2- how the complete distribution will be effectively implemented and how all the money will be paid to us.

We cannot keep waiting and waiting.

Sincerely,
The real victims of the Stanford fraud

Sign the open letter to Janvey and JLs. ( View how many victims have accepted this letter)


------------ Versión en español ------------

Es muy importante que participen en esta acción. Usted debe decidir cómo se gasta su dinero, y si todos los fondos disponibles deberían distribuirse a usted, o deberían financiar los esfuerzos en curso por la receptoría de Janvey y/o los liquidadores conjuntos. No dejes que pocas personas decidan por usted! Por favor lea cuidadosamente la carta, propuesta por una victima, y proporcione su aceptación en caso de que usted acepta. Necesitamos a tantas víctimas como sea posible para apoyar esta carta a fin de hacer suficiente presión y lograr una rápida distribución.

CARTA ABIERTA PARA SU DIFUSIÓN INMEDIATA

Marzo 12, 2013
PARA PUBLICACIÓN INMEDIATA

PARA:
Sr. Ralph Janvey
Sr. Marcus Wide
Sr. Hugh Dickson

CC:
Sr. John Little
Sr. Edward C. Snyder
Sr. Kevin M. Sadler
Sra. Jennifer Ambuehl

Estimado Sr. Janvey, Sr. Wide y Sr. Dickson,
Ya han pasado meses, estamos en Marzo del 2013 y las verdaderas víctimas del fraude de Stanford (en adelante "nosotros", "nos") aun no han recibido ninguna informacion respecto a la distribucion de nuestro dinero ubicado en USA y en el exterior.

Hasta ahora hemos sufrido por falta de información y transparencia. Sin embargo esto no deberia ocurrir ya que ustedes estan trabajando para nosotros.

Como fué mencionado por el OSIC el 22 de Enero del 2013: "Creemos firmemente que, las víctimas de este horrible crimen, deben decidir cómo se gasta su dinero, y si todos los fondos disponibles deberían distribuirse a usted, o deberían financiar los esfuerzos en curso por la receptoría o los liquidadores conjuntos"

Nosotros exigimos que todo el dinero recogido hasta ahora sea distribuido inmediatamente a nosotros.

Nosotros estamos todos de acuerdo con esta petición y como ustedes trabajan para nosotros y ambos se han pagado hasta ahora con nuestro dinero, ustedes deben escuchar nuestra petición. Nosotros hemos tomado esta decisión, así que por favor infórmenos lo antes posible:
1 - Cuánto dinero ha sido identificado hasta ahora en los Estados Unidos y en el extranjero para ser distribuido
2 - Cómo se implementará con eficacia la distribución completa y cómo se pagará todo el dinero a nosotros.

Nosotros no podemos seguir esperando y esperando.

Sinceramente,
Las verdaderas víctimas del fraude de Stanford

Firmar la carta abierta para Janvey y JLs. ( Ver cuantas víctimas han aceptado esta carta)

Read more: http://sivg.org/article/2013_OPEN_LETTER_TO_JANVEY_AND_JLs.html

Visit the Stanford International Victims Group - SIVG official forum http://sivg.org/forum/

Order re. Chapter 15 / COMI

July 30, 2012
By U.S. District Judge David C. Godbey

The Court grants the Joint Liquidators' motion for substitution as Plaintiff nunc pro tunc to June 8, 2010 and grants in part and denies in part their request that the Court take judicial notice. The Court overrules the parties' objections to each others' evidence. Finally, because the Stanford Entities' COMI is in the United States and they have an establishment in Antigua, the Court grants the Antiguan Proceeding foreign nonmain recognition, granting in part and denying in part the Joint Liquidators' petition for recognition. The Court grants the Joint Liquidators limited, conditional relief under Chapter 15.

In accordance with this Order, the Court orders the Clerk of the Court to terminate Peter Wastell and Nigel Hamilton-Smith as Plaintiffs and add Marcus Wide and Hugh Dickson as Plaintiffs.

Order re. Chapter 15 / COMI.

Read more: http://sivg.org/article/2012_Order_Chapter_15_COMI.html

Visit the Stanford International Victims Group - SIVG official forum http://sivg.org/forum/

First Report of the Joint Liquidators Grant Thornton

August 17, 2011
By Grant Thornton

The mandate of the Liquidators is to gather in and maximize the value of the assets of SIB, to monetise and to distribute such assets under a statutory framework. This requires the Liquidators to conduct a creditor/victim claims adjudication and distribution process.

I note that pursuant to paragraph 18 of the Order of 12 May 2011 that the Court request the Liquidators provide a report with respect to the liquidation and their preliminary determination of the assets to be realized, the likely recoveries and the extent to which the claims of all creditors/victims of SIB may be met. Whilst this report does provide a summary of the assets to be realised it is simply not possible at this stage of the liquidation to provide any meaningful estimate with regards to the likely distribution to the creditors/victims of SIB.

This report is structured as follows:

• Highlights to Date
• Global Asset Recovery Plan
• Creditor/Victim Claims
• Key Considerations Impacting the Liquidation Estate
• Funding
• Country Summary
• Other Recovery Avenues
• General Issues to be Considered in Managing the Estate
• Next Steps

Source.

Visit the Stanford International Victims Group - SIVG official forum http://sivg.org/forum/