Stanford International Bank’s Antiguan receiver said he may be able to repay depositors more than the projected 10 cents on the dollar if he can persuade developers to build a Caribbean island resort and get a U.S. receiver to stop fighting him for control of overseas assets.

“I’m drawing up a detailed plan of what the land can become, design a resort, show what can be done, so I can go out to a major hotel group or investors and say, ‘Here’s an island, and here are your development costs,’” Nigel Hamilton-Smith, the Antiguan-appointed receiver over R. Allen Stanford’s assets, said in a phone interview yesterday.