Receiverships

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. Millennium Bank, et al.; SEC v. Thurman P. Bryant, III, et al.; SEC v. Stanford International Bank Ltd., Robert Allen Stanford, et al.; and SEC v. Provident Capital Indemnity, Ltd., Minor Vargas Calvo, Jorge L. Castillo, and Desarrollos Comerciales Ronim, S.A.