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GBT LAWYER MOVES TO ASSUAGE FEARS ON FTP ACQUISITION
02/28/2012 : GBT LAWYER MOVES TO ASSUAGE FEARS ON FTP ACQUISITION (Update)
Did the Matt Glantz report rattle some cages?
The timing is suspicious - on Monday Groupe Bernard Tapie lawyer Behnam Dayanim became publicly active again, using his favourite Poker Strategy information site as a megaphone to assure interested parties that the FTP deal is still alive and well and progressing.
Suspicious, because it came on the heels of three days of growing publicity for a candid and negative assessment of the prospects for the deal by poker professional Matt Glantz on his Card Player blog .
Glantz used his connections to conduct private conversations with various players involved in the Full Tilt Poker debacle, and then wrote about his conclusions.
Dayanim, having previously said that outstanding debts by a number of poker pros could stall the deal, now says a successful conclusion is “very close".
The GBT lawyer claimed to Poker Strategy that progress has been made, and he illustrated this by revealing that the parties have agreed to an extended deadline past the end of February in order to continue the negotiation and presumably due diligence process.
Dayanim appears confident that a deal will be clinched over the next few weeks.
“Positive progress has been made in recent talks, and each of the parties feels reasonably confident that we'll be able to reach a successful conclusion," he said. “As such, everyone has agreed to let the process continue for a bit longer."
The allegedly indebted pro players continue to present a problem it appears - Dayanim said talks with these individuals are continuing and, while some players have been working with them for a solution, others remain “recalcitrant.” He did not detail who the latter were.
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Kentucky Derby Odds: Justify still Favorite -
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MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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