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Showing posts with label lawsuit. Show all posts
Showing posts with label lawsuit. Show all posts

Wednesday, June 15, 2011

Some Late Justice for Clownie Gowan

onlinecasinospro.com is reporting that clonie has won the appeal to have her day in court vs. full tilt poker

clonie-gowenClonie (onlinecasinospro.com likes to caller her Connie) allegedly agreed to join Team Full Tilt in exchange for a 1% share of the company, then in 2007 refused a payment of $250,000 which full tilt says reflected her 1% share (let’s see 250k x 100 = 25 million dollars—Ok we see her point, what a ridiculous number for the value of the second largest online poker company).

She is suing for $40 million for breach of contract by the company she says is worth at least 4 billion.  Although that value may have gone down with the recent events in the online poker world it still is well above $25 million although going by the current cashflow you could argue they arent’ worth anything since so far they haven’t been able to make good on their $150 million obligation to US players.

Go get ‘em Cycalona!