Re: Party fiasco - Surely someone must have known?
 

Reeived an email from my rakeback affiliate this morning. Here is the opening paragraph:

We do not know the exact ins and outs of what has happened or why, but
it seems like Party Poker has divorced itself from its skins. They seem
to have done this suddenly and without telling anybody including the
skins!

This is a large, reputable affiliate. It appears they did not know this was about to happen.

It seems strange that Party can just kick the skins to the curb with no advance warning. Wouldn't this have legal repercussions.....as in the skins suing Party for breach of contract?

Re: Party fiasco - Surely someone must have known?
 

Your affiliate is wrong and obviously out of the loop!

Re: Party fiasco - Surely someone must have known?
 

[ QUOTE ]
Reeived an email from my rakeback affiliate this morning. Here is the opening paragraph:

We do not know the exact ins and outs of what has happened or why, but
it seems like Party Poker has divorced itself from its skins. They seem
to have done this suddenly and without telling anybody including the
skins!

This is a large, reputable affiliate. It appears they did not know this was about to happen.

It seems strange that Party can just kick the skins to the curb with no advance warning. Wouldn't this have legal repercussions.....as in the skins suing Party for breach of contract?

[/ QUOTE ]

I got this same e-mail

Re: Party fiasco - Surely someone must have known?
 

All Eurobet affiliates received notification that even the Eurobet managers did not know this in advance. It caught everyone with the pans down

JAque

Re: Party fiasco - Surely someone must have known?
 

[ QUOTE ]
All Eurobet affiliates received notification that even the Eurobet managers did not know this in advance. It caught everyone with the pans down


[/ QUOTE ]

Not everyone.

Re: Party fiasco - Surely someone must have known?
 

[ QUOTE ]
All Eurobet affiliates received notification that even the Eurobet managers did not know this in advance. It caught everyone with the pans down

JAque

[/ QUOTE ]

And their pants down too!

It appears the skins/affilates did not know this was coming. They may have suspected something was afoot for the future, but totally unaware of exactly what or when. It does seem that Party kinda "backdoored" this in last night.

Wondering if the lawyers for Empire/skins have been summoned from the golf courses and TV's tuned to football/NASCAR/etc. today to get busy on some sort of legal response to this.

Also, if the skins would sue to regain access to the full Party network, isn't it possible a judge could rule in the skins favor and force Party to take them back? Presumably, any legal actions would take place in Gibralter.....and know nothing about the legal system there.

Edit: Having read through the post Diablo linked, if the contracts had in fact expired the skins are probably SOL. But if they still had a few months left.....they may have some options. Would be interesting to know exactly when those 2-year contracts were due to expire.

Re: Party fiasco - Surely someone must have known?
 

[ QUOTE ]
[ QUOTE ]
All Eurobet affiliates received notification that even the Eurobet managers did not know this in advance. It caught everyone with the pans down

JAque

[/ QUOTE ]

And their pants down too!

It appears the skins/affilates did not know this was coming. They may have suspected something was afoot for the future, but totally unaware of exactly what or when. It does seem that Party kinda "backdoored" this in last night.

Wondering if the lawyers for Empire/skins have been summoned from the golf courses and TV's tuned to football/NASCAR/etc. today to get busy on some sort of legal response to this.

Also, if the skins would sue to regain access to the full Party network, isn't it possible a judge could rule in the skins favor and force Party to take them back? Presumably, any legal actions would take place in Gibralter.....and know nothing about the legal system there.

Edit: Having read through the post Diablo linked, if the contracts had in fact expired the skins are probably SOL. But if they still had a few months left.....they may have some options. Would be interesting to know exactly when those 2-year contracts were due to expire.

[/ QUOTE ]

The skins most likely have no legal recourse. Party wouldn't make this huge change if their contracts didn't allow it. Considering the skins have technically been in breach of their contracts with Party (by allowing rake back), they are more likely to get sued by Party than vice versa.

Re: Party fiasco - Surely someone must have known?
 

I find it hilarious that so many posters here seem to think that Party, a multi-billion dollar publicly traded company, just sort of decided on a whim to cut off the skins without talking to the skins or looking at the contracts or anything.

Re: Party fiasco - Surely someone must have known?
 

[ QUOTE ]
I find it hilarious that so many posters here seem to think that Party, a multi-billion dollar publicly traded company, just sort of decided on a whim to cut off the skins without talking to the skins or looking at the contracts or anything.

[/ QUOTE ]

I agree, i guess they were in the contract negotiation, and the negotiation broke down, and Party had to pull the trigger.

Re: Party fiasco - Surely someone must have known?
 

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Not everyone.

[/ QUOTE ]

Wow, that first reponse was so surreal. Almost everything he said, the exact opposite happened; and it happened within 96 hours.

Kinda like the gov't ignoring Bin Laden as a threat in Aug. 2001.