As of yesterday, the Department of Justice of United States issued a document informing us that Garden City Group (GCG) will be responsible for the repayment of US players with funds on Full Tilt Poker. Repayment terms are unknown so far.
To read the official release, you can visit this site: release official Garden City Group American players refund FTP.
As what agreed in a previous deal, PokerStars will have to pay the sum of $547M to the Government of the United States to reimburse US players.
Attorney in Manhattan, Preet Bharara, Garden City Group has extensive experience in the field of administration, even in the most complex cases. The notoriety of this group is great and with this new one step further comes to be made in reimbursement of US players with funds frozen at Full Tilt Poker.
As it was mentioned above, details of reimbursement are not yet be made public, but steps will begin very soon.
According to the press release issued by the DOJ: "GCG is a specialist class action and bankruptcy of enterprises management, which provided legal services since almost three decades in many complex cases".
US players are invited to visit this site to get more information: http://www.fulltiltpokerclaims.com/
PokerCollectif will inform you of the latest details in this folder as soon as they become available.
In the meantime, discuss this news on our forums: FTP: Garden City Group in charge of the reimbursement of the players