FullTilt Red Pros Contracts will not be honoured
11/27/2012 : FTP RED PROS OUT OF LUCK
Contracts will not be honoured
The Rational Group, owner of PokerStars and Full Tilt Poker, has advised that it will not be honoring the pre-acquisition Full Tilt Poker Red Pros contracts or status.
Dustin Iannotti, the newly appointed manager of Team Pro for Full Tilt Poker said in an e-mail published by PokerNews France: "Other than the non-US player balances, The Rational Group did not assume any liabilities of the previous Full Tilt Poker companies and therefore previous contractual agreements that Full Tilt Poker may have had including with FTP Red Pros were excluded. As such, The Rational Group is not liable and will not pay for any amounts which may have been due to you under your agreement with any former Full Tilt Poker company.”
The FTP Red Pros, although not fully fledged members of Team Full Tilt, were sponsored by Full Tilt and are thought to have totaled over 100 members which included well known poker professionals David Benyamine, Brad Booth, Huck Seed, Carlos Mortensen, Michael Mizrachi, Eli Elezra and Annette Obrestad amongst many others.