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Phil Ivey Files Complaint Against Tiltware

Law, 2011-06-01, by Ozone

Poker's biggest superstar, Phil Ivey, has filed a lawsuit against his sponsor, Tiltware, a California Limited Liability Company, in the District Court of Nevada. According to the lawsuit, Ivey is seeking more than $150 million in damages due to, "lost business opportunities, lost income, and damage to his personal and professional reputation."

The initial complaint asserts that Full Tilt Poker had received, "repeated warnings and clear notice that their conduct was illegal in the United States," prior to being indicted on April 15th. Ivey is suing to get out of his lifetime non-competition clause with Full Tilt on the grounds that they violated their contract with him which stated they would only offer "legal" online poker. The lawsuit further alleges that Ivey was not informed of the warnings Full Tilt had received from the U.S. government.

Ivey asserts that his reputation has been irreparably damaged as a result of Full Tilt's failure to return player's funds and for failing to maintain a reserve account sufficient to satisfy the return of funds to U.S. players. He is seeking $150 million in damages which the lawsuit states to be the amount believed to be owed by Full Tilt to U.S. poker players.

In a statement by Phil Ivey released last night, he states that his, "name and reputation have been dragged through the mud." He is asking the court to grant him injunctive relief from his lifetime non-competition clause with Full Tilt. The lawsuit claims that in addition to his non-competition agreement being null and void due to the breach of the agreement to provide "legal" online poker by Full Tilt, that the non-competition covenants violate public policy and are over-broad in geographic restriction, scope, and duration, and are unduly harsh and oppressive.

"I sincerely hope this statement will ignite those capable of resolving the problems into immediate action," Ivey said. "Until a solution is reached that cements the security of all players, both U.S. and international, I will, as I have for the last six weeks, dedicate the entirety of my time and efforts to finding a solution for those who have been wronged by the painfully slow process of repayment."

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