July 22, 2021
A Texas federal judge has approved a fee increase of up to 42% for the Baker Botts LLP attorneys representing a court-appointed receiver in litigation related to a $7 billion Ponzi scheme tied to convicted financier R. Allen Stanford.
July 07, 2021
Baker Botts attorneys representing the receiver who reached a $65 million settlement agreement in Greenberg Traurig's alleged involvement in a $7 billion Ponzi scheme want a raise after judges approved legal fees for counsel who secured the deal.
February 25, 2020
A Texas federal judge signed off Tuesday on nearly $16 million in attorney fees for lawyers at three firms who inked a $65 million deal resolving Greenberg Traurig LLP's alleged involvement in convicted fraudster R. Allen Stanford's $7 billion Ponzi scheme.
February 21, 2020
A Texas federal judge on Friday gave his blessing to Greenberg Traurig's $65 million settlement of claims related to its alleged involvement in a $7 billion scheme run by convicted Ponzi scammer R. Allen Stanford.
October 04, 2017
A Texas federal judge on Tuesday shot down three separate motions seeking to undo a $65 million settlement between the receiver for jailed Ponzi schemer R. Allen Stanford's companies and three insurance underwriters, saying their arguments were already addressed or had been waived.
September 27, 2017
The U.S. Securities and Exchange Commission asked a Texas federal judge on Tuesday to disregard jailed Ponzi schemer R. Allen Stanford’s latest request for a lawyer, saying he lost the case several years ago and lacks a legal leg to stand on.
September 08, 2017
Robert Allen Stanford, a financier who once appeared on the Forbes 400 list before his massive international Ponzi scheme was exposed, objected Friday to a $34 million settlement deal struck by one of his former law firms, Hunton & Williams LLP.
May 16, 2017
A Texas federal judge approved amid objections on Tuesday a $65 million deal resolving allegations Lloyd's of London and other underwriters should cover losses from R. Allen Stanford's $7 billion Ponzi scheme, and awarded $14 million in attorneys' fees to counsel representing the receiver in the insurance dispute.
September 07, 2016
The receiver overseeing recovery for victims of R. Allen Stanford's $7 billion Ponzi scheme and investors on Wednesday asked a Texas federal judge to sign off on a $120 million settlement with insurance brokerage Willis Towers Watson Public Ltd. Co.
August 31, 2016
A Texas federal judge on Tuesday signed off on a $35 million settlement between Chadbourne & Parke LLP and the receiver overseeing recovery for victims of R. Allen Stanford's $7 billion Ponzi scheme.