Stanford Entities means Robert Allen Stanford; James M. Davis; Laura Pendergest-Holt; Gilbert Lopez; Mark Kuhrt; SIB; Stanford Group Company; Stanford Capital Management, LLC; Stanford Financial Group; the Stanford Financial Bldg Inc.; the entities listed in Exhibit D to the Settlement Agreement [ECF No. ]; and any entity of any type that was owned, controlled by, or affiliated with Robert Allen Stanford, James M. Davis, Laura Pendergest-Holt, Gilbert Lopez, Mark Kuhrt, SIB, Stanford Group Company, Stanford Capital Management, LLC, Stanford Financial Group, or the Stanford Financial Bldg Inc., on or before February 16, 2009.
Stanford Entities means Xxxxxx Xxxxx Stanford; Xxxxx X. Xxxxx; Xxxxx Xxxxxxxxxx-Xxxx; Xxxxxxx Xxxxx; Xxxx Xxxxx; SIB; Stanford Group Company; Stanford Capital Management, LLC; Stanford Financial Group; the Stanford Financial Bldg Inc.; the entities listed in Exhibit D to this Agreement; and any entity of any type that was owned, controlled by, or affiliated with Xxxxxx Xxxxx Stanford, Xxxxx X. Xxxxx, Xxxxx Xxxxxxxxxx-Xxxx, Xxxxxxx Xxxxx, Xxxx Xxxxx, SIB, Stanford Group Company, Stanford Capital Management, LLC, Stanford Financial Group, or the Stanford Financial Bldg Inc., on or before February 16, 2009.
Stanford Entities means Robert Allen Stanford; James M. Davis; Laura Pendergest-Holt; Gilbert Lopez; Mark Kuhrt; Leroy King; SIBL; Stanford Group Company; Stanford Capital Management, LLC (collectively, the “Stanford SEC Defendants”); Stanford Financial Group Ltd.; Bank of Antigua Limited; Stanford Bank (Panama), S.A.; the entities listed in Exhibit C to the Settlement Agreement (ECF No. ); and all entities the Stanford SEC Defendants owned or controlled as of February 16, 2009.
Examples of Stanford Entities in a sentence
The injunction against any such claims against Underwriters is therefore a necessary and appropriate order ancillary to the relief obtained for the Stanford Entities, and by extension, the victims of the Stanford Ponzi scheme, pursuant to the Agreement.
The Parties represent and warrant to each other that, other than the Rotstain Litigation, the Xxxxxxx Litigation, and the Xxxxx Litigation, they are not presently aware of (a) any undismissed or otherwise extant claim or action against any of the Trustmark Released Parties concerning (i) the Settled Claims, (ii) the wrongdoing of the Stanford Entities that was the subject of the Second Amended Complaint, or (b) any Person or entity intending to file such an action.
As discussed above, the overwhelming majority of funds received or utilized by the Stanford Entities were proceeds from the sale of SIB CDs. [See KVT 2009 at 9.] These funds were therefore the primary source of compensation and other payments to Stanford employees, independent contractors, and insiders.
The Court has previously found that: “Stanford operated a Ponzi scheme”; “as a Ponzi scheme, all assets and liabilities are difficult to segregate and ascertain”; “commingling of funds among the Stanford Entities was the norm”; and funds deposited by investors to purchase SIB CDs were dispersed among the Stanford Entities.
Allen Stanford was the sole owner, directly or indirectly, of more than 130 separate Stanford Entities.
More Definitions of Stanford Entities
Stanford Entities means Robert Allen Stanford; James M. Davis; Laura
Stanford Entities means Xxxxxx Xxxxx Xxxxxxxx; Xxxxx X. Xxxxx; Xxxxx Xxxxxxxxxx-Xxxx; Xxxxxxx Xxxxx; Xxxx Xxxxx; Xxxxx Xxxx; SIBL; Stanford Group Company; Stanford Capital Management, LLC (collectively, the “Stanford SEC Defendants”); Stanford Financial Group Ltd.; Bank of Antigua Limited; Stanford Bank (Panama), S.A.; the entities listed in Exhibit C to the Settlement Agreement (ECF No. ); and all entities the Stanford SEC Defendants owned or controlled as of February 16, 2009. (xxxx://xxx.xxxxxxxxxxxxxxxxxxxxxxxxxxxxx.xxx);
Stanford Entities means Robert Allen Stanford; James M. Davis; Laura Pendergest-Holt; Gilbert Lopez; Mark Kuhrt; Leroy King; SIBL; Stanford Group Company; Stanford Capital Management, LLC (collectively, the “Stanford SEC Defendants”); Stanford Financial Group Ltd.; Bank of Antigua Limited; Stanford Bank (Panama), S.A.; the entities listed in Exhibit C to the Settlement Agreement (ECF No. 3244 at 63–67); and all entities the Stanford SEC Defendants owned or controlled as of February 16, 2009.law.com/examiner-stanford-financial-group/) and the Receiver (http://www.stanfordfinancialreceivership.com); f) The Receiver will develop and submit to the Court for approval a plan for distributing the Net Settlement Amount (the “Distribution Plan”);g) Under the Distribution Plan, once approved, the Net Settlement Amount will be distributed by the Receiver, under the supervision of the Court, to Stanford Investors who have submitted Claims that have been allowed by the Receiver;h) Persons who accept funds from the Settlement Amount will, upon accepting the funds, fully release the HSBC Released Parties from any and all Settled Claims; and
Stanford Entities is defined in Paragraph 20 of the Agreement and Exhibit H to the Agreement. Paragraph 14 below. Accordingly, the Settlement is conditioned on the Court’s approval and entry of this Final Bar Order. For the reasons set forth herein, the Court finds that the terms of the Agreement are adequate, fair, reasonable, and equitable, and that it should be and is hereby APPROVED. The Court further finds that entry of this Final Bar Order is appropriate and that this Final Bar Order adequately addresses the issues with the original bar order identified by the Fifth Circuit. In particular, this Final Bar Order: (1) addresses the First Issue by permitting Individual Underwriters’ Insureds an opportunity to present a claim to proceeds of the settlement through the Receiver’s claims process; (2) addresses the Second Issue by exempting from the anti-suit injunction any extracontractual claim by an Individual Underwriters’ Insured; and (3) addresses the Third Issue by clarifying that the Order does not enjoin Stanford Investors from suing their Stanford brokers.
Stanford Entities is defined in Paragraph 20 of the Agreement and Exhibit H to the Agreement. Stanford Entities, save and except the Individual Underwriters’ Insureds’ extracontractual claims described in the second sentence of Paragraph 14 below. Accordingly, the Settlement is conditioned on the Court’s approval and entry of this Final Judgment and Bar Order. For the reasons set forth herein, the Court finds that the terms of the Agreement are adequate, fair, reasonable, and equitable, and that it should be and is hereby APPROVED. The Court further finds that entry of this Final Judgment and Bar Order is appropriate and that this Final Judgment and Bar Order adequately addresses the issues with the original bar order identified by the Fifth Circuit. In particular, this Final Judgment and Bar Order: (1) addresses the First Issue by permitting Individual Underwriters’ Insureds an opportunity to present a claim to proceeds of the settlement through the Receiver’s claims process; (2) addresses the Second Issue by exempting from the anti-suit injunction any extracontractual claim by an Individual Underwriters’ Insured; and (3) addresses the Third Issue by clarifying that the Order does not enjoin Stanford Investors from suing their Stanford brokers.
Stanford Entities is defined in Paragraph 20 of the Agreement and Exhibit H to the Agreement. described in the second sentence of Paragraph 14 below. Accordingly, the Settlement is conditioned on the Court’s approval and entry of this Judgment and Bar Order. For the reasons set forth herein, the Court finds that the terms of the Agreement are adequate, fair, reasonable, and equitable, and that it should be and is hereby APPROVED. The Court further finds that entry of this Judgment and Bar Order is appropriate and that this Judgment and Bar Order adequately addresses the issues with the original bar order identified by the Fifth Circuit. In particular, this Judgment and Bar Order: (1) addresses the First Issue by permitting Individual Underwriters’ Insureds an opportunity to present a claim to proceeds of the settlement through the Receiver’s claims process; (2) addresses the Second Issue by exempting from the anti-suit injunction any extracontractual claim by an Individual Underwriters’ Insured; and (3) addresses the Third Issue by clarifying that the Order does not enjoin Stanford Investors from suing their Stanford brokers.
Stanford Entities means Robert Allen Stanford, James M. Davis, Laura Pendergest-Holt, Gilbert Lopez, Mark Kuhrt, Stanford International Bank, Ltd., Stanford Group Company, Stanford Capital Management, LLC, Stanford Financial Group, the Stanford Financial Bldg Inc., the entities listed in Exhibit B to Settlement Agreement, [ECF No. 2384-1 at 46-48] and any entity of any type that was owned or controlled by Robert Allen Stanford, James M. Davis, Laura Pendergest-Holt, Gilbert Lopez, Mark Kuhrt, Stanford International Bank, Ltd., Stanford Group