Proskauer, Chadbourne Get Stay In Stanford Ponzi Scheme Lawsuit

DALLAS - A federal judge in Texas on March 8 granted a joint stipulation to stay proceedings filed by the court-appointed receiver of convicted Ponzi schemer R. Allen Stanford's businesses and the Official Stanford Investors Committee, as well as two law firms and a former partner of the firms, ruling that the instant action would be stayed pending a judge's ruling in a related action (Ralph S. Janvey, et al. v. Proskauer Rose LLP, et al., No. 13-0477, N.D. Texas).

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