On January 12th, 2009, Tiltware LLC, the parent organization of online poker's number two poker brand, Full Tilt Poker, has recently filed a Motion to dismiss the lawsuit filed by Cycalona "Clonie" Gowen this past November 2008. Ms. Clonie Gowen alleges that she was a partner in Full Tilt and is yet to be given the amount of money that the company promised to pay her. Other issues included in Gowen's case against Full Tilt include breach of contract, breach of fiduciary duty, breach of the covenant of good faith and fair dealing, unjust enrichments and fraud.
The motion to dismiss on behalf of Tiltware LLC states that the originally named poker players are erroneously placed and petitions for them to be removed from the lawsuit, while also stating that the lawsuit itself is wrongfully made and even if it possess some merit, would be a breach of oral contract with Tiltware and one of the defendants on the case, Raymond Bitar. Gowen said that when she signed on as Full Tilt poker pro back in 2004, she was promised a one percent ownership stake on the company.
As part of the agreement, Clonie Gowen would appear on poker events dressed in Full Tilt Poker paraphernalia and approached the company on television-for no other compensation other than her one percent stake in the organization. In 2007, Gowen alleges that she was only given a fraction of what the company originally owed her. Full Tilt Poker Chief Executive Officer, Howard Lederer, gave her a $250,000 check. Gowen, whose tournament winnings to date is just over $1.5 million, is seeking damages of $4 million. Full Tilt Poker is estimated to be worth $4 billion.
02/22/2009, Sunday
Matthew Dorst