HOUSTON, (Reuters) – A dispute over control of $370  million in assets traced to accused Ponzi schemer Allen  Stanford is holding up disbursement of the funds, but the  liquidators and the receiver in the case are in talks to settle  the matter, liquidators for Stanford’s Antigua bank said yesterday.

Nigel Hamilton-Smith and Peter Wastell, the liquidators who  work for a unit of Vantis Plc, said $100 million in assets in  the United Kingdom and $100 million in Switzerland have been  located, but Stanford’s U.S. receiver Ralph Janvey and U.S.  prosecutors are also seeking control of those funds.

Still, there are cooperation discussions.

“I am optimistic that Mr. Janvey and I will be able to find  a common working platform that will benefit the creditors  worldwide,” Hamilton-Smith said in an email.

A deal is not expected before March, and any agreement  would require regulatory and and court approvals, the  liquidators said in a statement.

Swiss regulators will decide who should control funds there  and a court in the United Kingdom will decide control of those  assets.

A Canadian court ruled in December that Janvey should have  control of $20 million in assets located in that country and  the liquidators are contemplating an appeal of that decision,  they said.

Land valued at more than $150 million in Antigua has also  been traced to Stanford or companies he controlled, the  liquidators said.