Janvey et al v. Proskauer Rose LLP et al

  1. January 27, 2020

    Proskauer Can't Shake Stanford Ponzi Suit In Antigua

    A Texas federal judge has agreed with Proskauer Rose LLP that a $63 million settlement in a case involving the R. Allen Stanford $7 billion Ponzi scheme should apply to liquidators who filed a related case in Antigua and Barbuda, but he held that he cannot compel the Caribbean nation's court to listen to him.

  2. November 21, 2019

    Proskauer Pushes To Halt Stanford Ponzi Suit In Antigua

    Proskauer Rose LLP has asked a Texas federal court to move quickly to end litigation in Antigua that the firm says is barred after it paid $63 million to settle claims over a former partner's work for entities affiliated with the R. Allen Stanford $7 billion Ponzi scheme.

  3. January 22, 2019

    Attys Awarded $15.5M In Fees After Stanford Ponzi Deal

    A Texas federal judge has awarded fees of nearly $15.5 million to the attorneys representing a court-appointed receiver and a group of investors in their suit against Proskauer Rose LLP over its former partner's participation in R. Allen Stanford's $7 billion Ponzi scheme.

  4. August 29, 2018

    Proskauer To Pay $63M To Settle Stanford Ponzi Case

    The court-appointed receiver in the R. Allen Stanford $7 billion Ponzi scheme case and a group of bilked investors have announced a $63 million settlement that would end further litigation against law firm Proskauer Rose LLP, which formerly employed a partner who represented entities affiliated with the fraud.

  5. April 23, 2018

    Proskauer Loses Bid To Delay $1.5B Clawback Trial

    A Texas federal judge said Monday that Proskauer Rose LLP was "frivolous" to appeal a $1.5 billion clawback suit by the receiver for the $7 billion Stanford Ponzi scheme, confirming trial for next week as scheduled but nevertheless carving out a separate trial for any claims by an investor group.

  6. April 23, 2018

    Stanford Ponzi Scheme Receiver, Ex-GC Reach Settlement

    The receiver for victims of the Robert Allen Stanford Ponzi scheme has reached a confidential settlement in a clawback case against Stanford's onetime general counsel, and both parties asked a Texas federal judge Friday to pause the suit to give the attorney time to comply with the agreement.

  7. March 06, 2018

    Ex-Stanford GC Sanctioned, Ordered To Hand Over Docs

    A Texas federal judge on Tuesday sanctioned Robert Allen Stanford's former general counsel in a clawback suit targeting Stanford's legal advisers, granting the request of the receiver unwinding Stanford's $7 billion Ponzi scheme that the former counsel be required to explain why he still has not fully disclosed the bank and property information requested in discovery.

  8. February 13, 2018

    Proskauer Says No Evidence Ex-Partner Aided Stanford Scam

    The review of tens of millions of pages of documents and a slew of other discovery work has not unearthed "a shred of evidence" that Proskauer Rose LLP and a former partner knew about onetime client Robert Stanford's massive Ponzi scheme, the firm told a Texas federal judge on Monday.

  9. September 18, 2017

    Stanford Ponzi Scheme Receiver Battles Ex-GC For Records

    The receiver unwinding Robert Allen Stanford's $7 billion Ponzi scheme asked a Texas federal judge Thursday to force Stanford's former general counsel to show why he hasn't produced requested documents regarding his bank accounts and properties in Texas and Florida in the receiver's clawback suit targeting Stanford's legal advisers.

  10. June 24, 2016

    Proskauer Says Investor Group Can't Sue Over Stanford Scam

    Proskauer Rose LLP has again urged a Texas federal judge to toss an investor committee’s allegations that it helped Robert Allen Stanford conceal his $7 billion Ponzi scheme from investigators, saying the Fifth Circuit has barred nonclients from suing over the firm’s representation of Stanford.