Tuesday 11 June 2013

Answers to Questions Regarding the Certification Forms & Distribution

I Have now received the following information relating to the questions asked about how to complete the Certification Forms. 

A complete response to our questions can be found at the following link. 

http://www.stanfordfinancialclaims.com/Home/FAQ


Here are the answers to the most frequently asked questions...I hope this helps you all.


Regards, Kate 



4.If I have filed a claim with the Antiguan Joint Liquidators, do I have to disclose that on my Certification Form?

Yes. Claimants who filed claims with the Antiguan Joint Liquidators should indicate that on their Certification Forms, as doing so will assist both the U.S. Receiver and the Antiguan Joint Liquidators in their effort to harmonize their claims processes.


5.What lawsuits or claims are claimants required to list in response to the Certification Form?

In response to section 1(b) of the Certification Form, claimants should identify any lawsuits, arbitration proceedings, or other formal claims they have filed seeking to recover SIB CD losses, even if those lawsuits, proceedings, or claims are currently stayed.

Claimants need not list potential or prospective claims that they may assert against a third party if that claim has not yet been filed or asserted.


6.Are claimants required to identify lawsuits or claims that have been filed by others on the claimants’ behalf?

Claimants should list only those lawsuits, proceedings, or claims that the claimants (or their counsel) have filed individually against one or more third parties seeking to recover SIB CD losses.

Claimants are not expected to know, and need not list, the various lawsuits that have been filed by the Receiver, the Official Stanford Investors Committee, or as putative class actions.

With respect to putative class actions, a claimant who has been named in a class action as a “class representative” plaintiff should list that lawsuit in response to paragraph 1(b) of the Certification Form.


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

No comments:

Post a Comment