YES! Finally I can get my $3 back!!!!!

Huge move by Scheinberg, thanks to him

superlative

In on first page

TY Stars
TY Ifrah
TY DF
TY everyone else that made this happen and didn't cause it .

Cliffs -
Non US paid within 90 days
US will have to file petition with US Gov't to obtain funds (estimated $150m)
Isai has to step down
All civil suits dismissed and rights to new civil suits given up

Full Tilt Press Release http://diamondflushpoker.com/2012/07...il-settlement/

YEAH!!!! Big news

Great News!!! Will they merge or continue to operate as two companies? It seems two according to later post

Also has anyone bought or sold FTP rolls for discounts? How much and for what price, and how did transaction take place given that one could not transfer the funds, or even ascertain the amount available in a players account while ftp was completely down?

$547m

Jeez.

Full Tilt Poker Issues Media Release Following Civil Settlement
Posted on July 31, 2012 by Diamond Flush
The following press release was prepared by Full Tilt Poker in connection with the conclusion of their civil settlement, and the acquisisiton of assets by PokerStars.

FULL TILT POKER CONCLUDES TRANSACTION WITH POKERSTARS AND UNITED STATES DEPARTMENT OF JUSTICE

Agreement Ends Civil Forfeiture Proceedings and Includes Payment For All Players

Dublin – July 31, 2012 – Full Tilt Poker is very pleased to announce the conclusion of a three-way transaction with PokerStars and the United States Department of Justice which will result in all of FTP’s US players having the opportunity to be paid. The agreement ends the company’s civil forfeiture proceedings with the U.S. Department of Justice.

Under the terms of the agreement, PokerStars will pay a substantial amount of money to the United States, and the government has agreed that all U.S. players will have an opportunity to request that they be compensated out of those funds for their losses. In addition, within ninety days PokerStars will make available for immediate cash withdrawal or play, the account balances for all of Full Tilt Poker’s non-U.S. players.

Full Tilt Poker apologizes to all of its customers who endured a long and difficult period wondering whether this day would ever come.

Full Tilt Poker expresses its appreciation to its loyal employees whose hard work over the last 15 months preserved the value of the Full Tilt Poker assets so a deal like this could be possible, and to PokerStars and the United States Department of Justice for their efforts in bringing about this resolution.

Jeff Ifrah of Ifrah Law PLLC, (Washington, D.C.) Barry Boss and Anne Madonia of Cozen O’Connor (Washington, D.C. and Philadelphia, PA respectively), Tony Coles and Charles Gerada of Jeffrey Green Russell Solicitors (London), and Tony O’Grady of Matheson Ormsby Prentice (Dublin) represented the affiliated companies that owned and operated Full Tilt .

HUGE!!!

crack open some brewdogs

nice, thats nice

bink

What does it mean for U.S. accounts? Seemed a bit unclear.