Ronald Green of Randazza Legal Group and Maurice VerStandig of The VerStandig Law Firm currently defend professional poker player Nick Marchington in a lawsuit brought by two financial backers who believe they are entitled to a portion of his more than $1.5 million winnings from the World Series of Poker Main Event.
Marchington terminated the agreement he entered into with the two stakers for the WSOP Main Event prior to the game’s commencement and endeavored to refund their money, which he did. However, a day after Marchington won over $1.5 million in the tournament, the two backers, David Yee and Colin Hartley of C Biscuit Poker Staking, filed suit.
“Requiring a player to enter an event on a given stake would be illegal,” Green wrote in a legal briefing to the court. “He has the necessary free will to exit the arrangement at any time.”
Check out the full story from the Las Vegas Review Journal here: https://lvrj.com/post/1817459