Posts Tagged ‘Jeff Orenstein’

Full Tilt Cops Canadian Class Action

by | Published: Tuesday, September 13th, 2011

Canadian poker players have become the latest group to launch an attack on Full Tilt Poker with a class action lawsuit filed earlier this week.

Jeff Orenstein, attorney for the Consumer Law Group, submitted the suit in the Superior Court of Quebec.

He represents an unspecified number of Canadian players who’s funds remain inaccessible following the websites closure on ‘black Friday’.

According to the CLG website a statement reads, “the class action lawsuit involves Full Tilt Poker’s illegal freezing of customers’ money that is kept in their internet poker player’s accounts.”

In estimates made by Orenstein there could be as much as $10 million worth of Canadian funds still tied up by the U.S. Department of Justice’s freezing of Full Tilt accounts.

In Canada itself there are currently no restrictions on online poker however because Full Tilt was based in the USA they, like players from all over the world, were also caught up in the fiasco.

The website was licensed under the Alderney Gambling Control Commission (AGCC) with that approval being suspended in late June.

A hearing will get underway this week in regards to reinstating or permanently revoking their license however even if Full Tilt were to re-surface it’s still highly unlikely funds would be immediately available.

Reports have been flooding in about the dire financial position the website was in even before black Friday and after paying out hundreds of thousands of dollars in overdue fees to the AGCC that has only got worse.

The following names are listed on the lawsuit filed  by Orenstein:

Tiltware LLC, Pocket Kings Ltd., Filco Ltd., Ranson Ltd., Mail Media Ltd., owners Ray Bitar and Nelson Burtnick and some members of Team Full Tilt, which includes Howard Lederer, Chris Ferguson, Phil Ivey, Andy Bloch, Erick Lindgren, Jennifer Harman, Allen Cunningham, Erik Seidel and Mike Matusow.

This isn’t the first time a class action has been fired towards Full Tilt with the Southern District of New York fielding a case on behalf of American players.

That being said the attorneys of record for that case, Jeff Ifrah and David, later withdrew it on the basis that, ““continued representation of [the] defendants would create unreasonable financial burden to our law firm.”

Latest estimates of Full Tilt’s total bill to players is that the number could be as high as $150 million with very little capacity to pay any of it back.

Fellow website Pokerstars which was caught up in black Friday as well had similar debts but was able to honour players cash out requests.

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