Ruling favors Antiguan receiver in Stanford case

Courtesy Newsvine - business  Sat, 07/04/2009 - 08:27

A firm appointed by Antiguan authorities to liquidate the assets of R. Allen Stanford's offshore Caribbean bank has won control of assets in the U.K. worth more than $100 million, a defeat for a U.S.-appointed receiver in an ongoing fight over jurisdiction in the case.

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