The revocation of Ms. Stoelker's authority is part of a cooperative process which we are optimistic will maximize the value of the assets without further expensive litigation. Some time ago we commenced and have been pursuing a claim against Stanford Development Corporation to recover its assets for the benefit of its creditors as well as the creditors and depositors of SIB whose money funded SDC's assets and operations.
Cordially,
Joint Liquidators Marcus Wide and Hugh Dickson
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