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Pokerstrategy Wins Lawsuit Vs Fulltilt Poker
Tuesday February 12,2013 : POKERSTRATEGY VICTORIOUS IN LITIGATION WITH POCKET KINGS
Full Tilt's parent group was sued for $1.2 million
Pocket Kings, the parent group and former owner of Full Tilt Poker, has lost a case filed by affiliate partner Pokerstrategy and worth $1.2 million.
Following a decision in its favour by the Irish High Court, Pokerstraegy owner Dominik Kofert is now reportedly negotiating with Pocket Kings liquidators to secure payment.
The litigation has its roots in a marketing agreement between Pokerstrategy and Pocket Kings which was finalised prior to the Black Friday shut down and temporary ruination of the online poker operator .
Full Tilt was subsequently acquired by rival Pokerstars after complex negotiations with the US Department of Justice.
In August 2011 Pokerstrategy started legal proceedings, with Kofert commenting that he had awaited the completion of the DoJ - Pokerstars talks before moving on his claim to remuneration for the 30,000 players a month he claimed his site was sending to FTP pre-Black Friday.
Back then, Kofert told readers of the PocketFives information site:
"Full Tilt Poker has a marketing agreement with us, under which there is – among other continuing obligations – an outstanding invoice of approximately $1.2m. This has been outstanding since Full Tilt Poker was forced to suspend operations in June 2011 due to the revocation of its licence [by the Alderney licensing authorities - ed].
"Despite the large sum of money involved, we were careful to file the claim only after the rescue of Full Tilt Poker was completed as it was of the utmost importance that this claim would not jeopardise any potential deal, player bankrolls or the resurrection of Full Tilt Poker.
"Thus, our claim has nothing to do with players getting repaid or not. That the players get repaid is a done deal and we deliberately waited with our claim until it was done."
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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