Stanford Execs Seek Discovery Shield In Lloyd's Suit

Law360, New York (July 21, 2010, 3:01 PM ET) -- Alleged Ponzi schemer Robert Allen Stanford and former executives at his company have asked that they not be required to testify in a defense coverage dispute between Stanford and Lloyd's of London and other insurers until after their criminal trial.

Former Stanford International Bank Ltd. Chief Investment Officer Laura Pendergest-Holt, former Chief Accounting Officer Gilberto Lopez and former Controller Mark Kuhrt said in a motion filed Monday in the U.S. District Court for the Southern District of New York that being asked to testify in the...
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