Stanford Receiver Seeks $3M From Fund Tied To Bidens

Law360, New York (April 18, 2011, 5:58 PM EDT) -- The receiver for accused Ponzi schemer Robert Allen Stanford's estate asked a Texas federal court Monday to force a hedge fund linked to Vice President Joe Biden's family to hand over $3 million held in two Stanford companies' accounts.

Ralph S. Janvey, the Stanford liquidating trustee, claimed that Paradigm Global Advisors LLC, Paradigm Capital Management LLC and others had refused to turn over assets held under the names of Stanford International Bank Ltd. — a defendant in the U.S. Securities and Exchange Commission's suit over Stanford's...
To view the full article, register now.




Case Information

Case Title

Securities and Exchange Commission v. Stanford International Bank Ltd et al

Case Number



Texas Northern

Nature of Suit

Other Statutes: Securities/Commodities/Exchange


David C Godbey

Date Filed

February 17, 2009

Law Firms

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.