To catch you up to date … Phil Ivey dropped his lawsuit because (choose one or more):
a) He had a change of heart and realized he was wrong. Apologies accepted, hugs exchanged.
b) His attorney advised him that he was putting himself at risk by potentially taking the stand.
c) Sitting through a even just a deposition could prove less profitable than sitting in a cash game.
d) He settled, obv, meaning Ivey and Full Tilt somehow got square, even if you did not.
Meanwhile, French regulators ARJEL yanked Full Tilt\’s gaming license in France, Ray Bitar says his feelings are hurt by Wicked Chops insinuations that he\’s no longer CEO of Tilt (as if! scroll down to bottom) and everyone seems to have forgotten that the leaders of AP/UB are apparently on the run with however much player cash and T-shirt swag they can stuff on a southbound plane.
With all that, whether in a nick of time or too little too late, a group of New Yorkers is suing Tilt class-action style, with a complaint that looks like it was cut-and-paste together from DOJ press releases and 2+2 threads.
Can we expect a rash of lawsuits to come? Should they?
The PPA has put out a legal guide for anyone considering court-action as a way to get an everated online poker site pay up:
The PPA’s legal team has prepared a legal analysis of the options available to individual players who still have not been able to access their online poker funds held on account. The document, \”Legal Rights of Players with Unpaid Account Balances – A PPA Information Guide\” seeks to provide our members with facts and information about how individuals can seek to claim their online poker account money. We hope you find this document useful and informative. Should you have further inquiries about players\’ funds you can contact our Litigation Support Network at: legal@theppa.org.
The document attempts to explain the complexities of forfeiture law, as well as what the remedies are for someone who believes the government unjustly seized their property. I feel like I\’ve seen this seizure list a dozen times … but what\’s new to me is realizing the government asserts they flat out own the companies — Full Tilt, PokerStars, AP/UB, et al … regardless of whether or not players got their money back.
