Ivey to drop Full Tilt lawsuit
Tilt legal team confirms poker pro to drop his lawsuit against the company, but cannot comment on reported European investment.
Phil Ivey’s multi-million dollar against Full Tilt is set to be dropped soon, according to legal representatives of the indicted operator.
A lawyer working with the company confirmed to eGaming Review that “[Ivey’s attorney] David Chesnoff informed me that it would be dropped, and I expect him to issue a statement in the near future providing a bit more detail.”
“It has been the company’s number one priority since Black Friday to get players paid back, and everything that has been done has been geared to achieving that as quickly as possible,” he added.
The news comes one month after Ivey filed an electronic lawsuit against the company, which he represented as a member of “Team Full Tilt” since the business was launched seven years ago.
Ivey also suggested he would not be playing in the World Series of Poker due to concerns over Full Tilt’s ability to repay its players, but since rumours emerged about the lawsuit being dropped, other poker players have speculated the 35-year-old poker pro would go back on this claim.
Poker pro Randy Dorfman tweeted yesterday: “Rumor going around WSOP is Phil Ivey going to play the 50k Championship Event, will be interesting in light of todays Full Tilt shutdown,” referring to the server downtime which followed the Alderney Gambling Control commission suspending Full Tilt’s licences.
Full Tilt’s lawyers have been unable to comment on reports of forthcoming investment from unnamed European parties.
(Photo courtesy of Ralph Unden, under Creative Commons licence)