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    Full Tilt Poker public hearing Part 2 | QuadJacks Poker Radio Alderney Full Tilt Poker Hearing Marathon

    Posted by Quad Jacks July 27, 2011

    Starting where I left off in which I said the hearing was due to restart at 1:30pm local time, this was not the case at 1:30pm a lawyer for the Alderney Gambling Control Commission released a statement from inside that the Full Tilt Poker’s lawyers had just finished presenting their case and that once lunch had commenced the Alderney lawyers would then offer a rebuttal, after which the commission would then retire to make their decision.

    After around an hour of sitting in the waiting area the same lawyer appeared again with another statement to read, he explained that the commission had given the Full Tilt lawyers 9 questions in which they can decide whether to answer or not and that they would be given 15 minutes to prepare the answers for these 9 questions before returning. This part of the hearing was done in camera and therefore secret to the public just how Full Tilt wanted it so we currently have no knowledge of what these questions were and I highly doubt that we will ever find out, but that did not stop people jokingly speculating what the questions could be for example ‘ if you had pocket fives on the button how would you play this hand?’ This brought a well needed chuckle into the waiting area after sitting patiently waiting for more news to be presented.

    It appears that the Full Tilt lawyers chose to go ahead and answer these questions but the commission could still not come to a concrete decision and still required more time to deliberate, this time no time scale was given as to when we could expect to hear more news other than they plan to finish up for the day at around 5:30pm local time. This was presented to us in the waiting area at around 3:30pm.

    Once again about 4:30pm we were told that the commission had retired but this time to decide on a final answer as to whether the hearing should or should not be adjourned and that we would be informed within the next half an hour, by this time many had suspected that the hearing was going to be adjourned to a later date but were really just waiting for confirmation. During the time of the commission retiring and the next announcement there was a lot of movement between the two parties mainly from the Press Releaser of the Alderney Gambling Control Commission who had left and re-entered the building several times in a short space of time.

    Finally at 5:50pm we were all called back into the Albert Suite where the hearing had been taken place and after a few moments Isabel Picornell a commissioner from the AGCC began to explain the decision that had been made and this was that Full Tilt Poker had been granted adjournment on the basis of the best interest for Full Tilt Poker customers, another reason behind the adjournment being granted was that the time period agreed would allow Full tilt Poker to enter advanced discussions with potential investors with the outcome of Full tilt Poker finally securing new owners, once again this reason was stated to be for the best interest of the players. Finally Isabel Picornell stated that the hearing would be adjourned to no later the September 15th 2011 believing that this would be a sufficient amount of time for Full Tilt Poker to secure a deal they desperately need. Also Isabel Picornell was quick to state that by no matter had the hearing even begun yet and currently this was still just the pre meeting, and that the ‘real discussions’ would begin when the hearing is rescheduled.

    My overall opinion of this is that Full tilt Poker need to do a lot of thanking to their lawyers, as these lawyers knew exactly what they had to do in order to get the perfect outcome for Full Tilt that being the hearing being adjourned, I believe they knew that as soon as they mentioned securing a takeover and it is in the best interest of the players that Alderney would grant what they desire as Alderney have clearly stated in previous press releases that this whole hearing is for the players this being the reasoning behind the hearing being public. So even though Alderney granted Full Tilt Poker the adjournment I do not think they were an easy push over, I think a lot of discussions took place behind the scenes before a concrete decision was made by the commission that this could be for the best interest of the Full Tilt customers and this relayed in the matter taking 7 hours.

    I will be attending the second part of the hearing when the date is released so keep a look out for part 3 in which I hope will have more information in then just delays.

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