Receiverships

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A Receivership is a process whereby an independent Receiver is appointed by the Court and is charged with preserving and liquidating the assets of the Defendants and the Relief Defendants. The Receiver also analyzes the claims against those assets.  Thompson & Knight attorneys have been appointed as Receiver and represent the Receiver in several high-profile Securities and Exchange Commission ("SEC") enforcement actions, such as SEC v. Stanford International Bank Ltd., Robert Allen Stanford, et al.; SEC v. Millennium Bank, et al.; and SEC v. Provident Capital Indemnity, Ltd., Minor Vargas Calvo, Jorge L. Castillo, and Desarrollos Comerciales Ronim, S.A.

Thompson & Knight maintains a Web site for investors and the public in regards to the Millennium Bank Receivership.  Please click on the following link for more information:

Millennium Bank Receivership

The Millennium Bank Receivership Web site will be the primary method of communication with investors and the public. It is revised as new information is obtained; therefore, we strongly encourage interested persons to check this Web site frequently.