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Mike Postle cheating allegations (FAQ in first post) Mike Postle cheating allegations (FAQ in first post)

01-16-2022 , 07:56 PM
Quote:
Originally Posted by Mason Malmuth Mike Postle cheating allegations (FAQ in first post)
Hi Gzesh:

I have a question that perhaps a knowledgeable person like yourself could speculate on. Apparently, there is a settlement between three parties with a confidentiality agreement so that no one can say anything. However, one of the parties is the poker fraud alert person, and I wonder why a poker fraud alert person would sign a confidentiality agreement. Do you have any comments?

Best wishes,
Mason
What makes you think there’s a different reason than the most likely one? People sign various forms of NDAs because they have an incentive to do so. Most of the time that incentive is financial.
01-16-2022 , 08:07 PM
Quote:
Originally Posted by madlex Mike Postle cheating allegations (FAQ in first post)
What makes you think there’s a different reason than the most likely one? People sign various forms of NDAs because they have an incentive to do so. Most of the time that incentive is financial.
And I agree that's the most likely reason for NDAs in the first place, but it's not the only reason. Also, it does, in my opinion, leave unanswered questions that would have been nice to have answers to, especially since so many people are interested in this topic.

By the way, many years ago the original management of The Poker Player's Alliance made an offer to me to share how their finances worked (which we were questioning at that time) but they wanted me to sign an NDA. I refused.

Mason
01-16-2022 , 08:26 PM
Quote:
Originally Posted by Mason Malmuth Mike Postle cheating allegations (FAQ in first post)
And I agree that's the most likely reason for NDAs in the first place, but it's not the only reason. Also, it does, in my opinion, leave unanswered questions that would have been nice to have answers to, especially since so many people are interested in this topic.

By the way, many years ago the original management of The Poker Player's Alliance made an offer to me to share how their finances worked (which we were questioning at that time) but they wanted me to sign an NDA. I refused.

Mason
Would you have signed that NDA if they had paid you $1mil to look over their finances?
01-16-2022 , 08:45 PM
Quote:
Originally Posted by madlex Mike Postle cheating allegations (FAQ in first post)
Would you have signed that NDA if they had paid you $1mil to look over their finances?
No I wouldn't. In the history of 2+2, I made a number of decisions that turned down significant money, and other decisions that paid out more money than was necessary.

But the question you should be asking is why would the poker fraud alert person sign an NDA? It seems to me, and perhaps there's something I don't understand, wouldn't someone who wants to attach himself to the words "poker fraud alert" want everything about this situation known?

MM
01-17-2022 , 10:38 AM
Quote:
Originally Posted by Dan_Druff Mike Postle cheating allegations (FAQ in first post)
No. There were various court cases since this whole mess started.

The ones naming Postle as a defendant (filed by players in his game) were all dismissed in 2020. I had nothing to do with any of that, as I never played poker with Postle.

The one where Postle sued a bunch of people/companies for "defamantion" in 2020 was voluntarily dropped by Postle in April 2021, but Veronica Brill and I won the anti-SLAPP motion related to it anyway. Postle was ordered to pay about $27k in attorneys fees to both me and Veronica. That case is still dropped, and there is still money owed to us from it.

The most recent one was an involuntary bankruptcy attempt against Postle, related to the anti-SLAPP mentioned above. That has been settled with a confidentiality agreement. However, it does not affect the money we are presently owed from the anti-SLAPP.

I hope that clarifies it. The confidentiality agreement only covers the involuntary bankruptcy case.
I'm sure you guys have a good reasons for signing a NDA but it just feels a little icky.

I fully understand you have financial interests but giving publicity to this incident is probably the only significant consequence that is being suffered as the legal avenues failed as well as Stones
not even admitting anything was wrong. (I would never ever play there based on their actions)
Once we start to cover that up then people who scam can essentially get away with it knowing they can throw money at the problem and make it go away.
01-17-2022 , 11:53 AM
Quote:
Originally Posted by Dreamer Mike Postle cheating allegations (FAQ in first post)
I'm sure you guys have a good reasons for signing a NDA but it just feels a little icky.

I fully understand you have financial interests but giving publicity to this incident is probably the only significant consequence that is being suffered as the legal avenues failed as well as Stones
not even admitting anything was wrong. (I would never ever play there based on their actions)
Once we start to cover that up then people who scam can essentially get away with it knowing they can throw money at the problem and make it go away.

I don't think this is all that exciting or difficult to understand. When an involuntary bankruptcy petition is filed against someone as is what happened in this case, the Bankruptcy Code allows for recovery of legal fees and costs by the alleged Debtor if the case gets dismissed without the consent of both the alleged Debtor and the petitioning creditors. [Bankruptcy Code Section 303(i)(1)]. If the Court finds the involuntary petition was filed in bad faith by the creditors, additional damages can be awarded as well. [Bankruptcy Code Section 303(i)(2)].

I don't have any specific information in this case other than what has been reported to the public in various news items, but MP disputed the involuntary petition and filed a Motion to Dismiss it on the basis that not enough proper creditors filed the involuntary petition. In resolution of that Motion, all parties agreed to the dismissal of the case. Probably some $$ changed hands (or a slight reduction in the judgments owed by MP), and/or a waiver of any Motion to award legal fees, in lieu of further litigation in the BK Court over whether the involuntary petition was properly filed and/or whether legal fees and costs should be awarded if the Motion to Dismiss was granted.

Considering the animosity between some of these parties as has been part of the public reporting of this matter, seems like a fair and smart resolution of the Bankruptcy case by all while leaving the judgments in tact and collectable outside of the Bankruptcy system.
Yesterday , 07:06 AM
Quote:
Originally Posted by Mason Malmuth Mike Postle cheating allegations (FAQ in first post)
Hi Gzesh:

I have a question that perhaps a knowledgeable person like yourself could speculate on. Apparently, there is a settlement between three parties with a confidentiality agreement so that no one can say anything. However, one of the parties is the poker fraud alert person, and I wonder why a poker fraud alert person would sign a confidentiality agreement. Do you have any comments?

Best wishes,
Mason
Why not ask the "poker fraud alert person" directly, who now posts on your former site?

The confidentiality agreement only pertains to the involuntary bankruptcy portion of the whole matter, wihch frankly shouldn't be very exciting to anyone, as it doesn't pertain to the general Postle controversy or the main court case.

I did not sign anything which prevents me from talking about any aspects of the general Postle controversy (or the original defamation case), and still plan to talk about those matters when I see fit. I think the world can easily go on without knowing the specific details of the involuntary bankruptcy case settlement.


Best wishes,
Todd

Last edited by Dan_Druff; Yesterday at 07:13 AM.
Yesterday , 01:14 PM
Quote:
Originally Posted by Dan_Druff Mike Postle cheating allegations (FAQ in first post)
Why not ask the "poker fraud alert person" directly, who now posts on your former site?

The confidentiality agreement only pertains to the involuntary bankruptcy portion of the whole matter, wihch frankly shouldn't be very exciting to anyone, as it doesn't pertain to the general Postle controversy or the main court case.

I did not sign anything which prevents me from talking about any aspects of the general Postle controversy (or the original defamation case), and still plan to talk about those matters when I see fit. I think the world can easily go on without knowing the specific details of the involuntary bankruptcy case settlement.


Best wishes,
Todd

Appreciate your willingness to share information on this matter.
Yesterday , 08:17 PM
Quote:
Originally Posted by Dan_Druff Mike Postle cheating allegations (FAQ in first post)
Why not ask the "poker fraud alert person" directly, who now posts on your former site?

The confidentiality agreement only pertains to the involuntary bankruptcy portion of the whole matter, wihch frankly shouldn't be very exciting to anyone, as it doesn't pertain to the general Postle controversy or the main court case.

I did not sign anything which prevents me from talking about any aspects of the general Postle controversy (or the original defamation case), and still plan to talk about those matters when I see fit. I think the world can easily go on without knowing the specific details of the involuntary bankruptcy case settlement.


Best wishes,
Todd
Fair enough, although I happen to think the world can quite easily go on with at least one fewer poker commentator (and with many fewer lawyers).
Yesterday , 08:27 PM
my lizard brain can't understand this

if it's a bankruptcy settlement then his assets are liquidated until he has paid of debts correct? so he said he you need x dollars I'll give you 1.1x dollars if you agree not to say what number x is?????

i don't get it, perhaps i my inexperience in lawsuits is showing

      
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