Settlement Reached in Mike Postle Involuntary Bankruptcy Case2 weeks ago
Mike Postle’s involuntary bankruptcy case has been dismissed after a confidential settlement was reached with Veronica Brill and Todd Witteles, bringing an end to the long-running legal saga.
Brill and Witteles instigated the bankruptcy proceedings after alleged cheat Postle failed to pay more than $50k in legal costs after the pair brought an anti-SLAPP lawsuit against the Sacramento-based pro.
Brill, the whistleblower in the case known as “Postlegate” and which has gripped the poker world for more than two years, was awarded $27,745, while Witteles was awarded $26,982.
These judgments followed Postle’s voluntary withdrawal of a $330million defamation lawsuit which had named Brill, Witteles and ten others, including Daniel Negreanu and Doug Polk.
Bankruptcy case dismissedThis week it has been reported that “a series of negotiations and discussions” had taken place over the past couple of months involving the main players in the bankruptcy case.
Haley Hintze, who produced some of the extensive PokerTube coverage of the Postlegate scandal, has revealed on Poker.org that a “confidential settlement was reached”, in mid-December 2021, “in exchange for Brill and Witteles dropping their petition against Postle.”
The agreement was reportedly signed by Brill’s lawyer, Marc Randazza, and Witteles’ counsel, Eric Bensamochan, as well as Yasha Rahimzadeh, representing Postle.
Postle had been fighting for several months to have the involuntary bankruptcy petition rejected.
At one point he claimed that among his $270,000 debts owed to 25 separate creditors was $82,113 owed to his own mother, who helped to fund his legal battle with ex-wife, Sabina Johnson.
Johnson added fuel to the Postlegate fire last summer when she gave an interview to Brill, revealing Postle’s previous alleged scams and his history of domestic abuse.
The number of creditors Postle owed was a potential stumbling block for the bankruptcy proceedings to go ahead, Haley Hintze pointing out the “numerosity” clause in the federal bankruptcy code.
Postle’s lawyer had raised this clause, claiming that at least three creditors were required to raise the action, with Brill and Witteles clearly numbering only two.
That point was rendered moot when the settlement was agreed last month, though it was only docketed last Friday, January 7th, Postle himself reportedly only signing it on December 27th.
As reported, the key clauses in the agreement read:
"WHEREAS, in order to avoid further time and expense, the Parties have decided to resolve their differences and reach an end, compromise, and settlement of all disputes now and potentially existing between them in this Involuntary Bankruptcy; andThe agreement will likely become official on February 9th when a hearing has been set to finalise the original bankruptcy petition’s dismissal.
WHEREAS, the Parties have entered into a confidential settlement agreement that resolves their differences in this Case."
It appears that this will finally bring the legal elements of the Postlegate scandal to an end, although the ifs and hows of the alleged cheating will continue to dominate the darker side of poker for many years to come.
If you have missed out on any of the drama surrounding Postle you can catch up below!
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- Updates on Mike Postle Poker Cheating Scandal at StonesLive
- Mike Postle Denies Cheating Allegations On The Mouthpiece Podcast
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- Mike Postle, Stones and Kuraitis Named in $10million Cheating Scandal Lawsuit
- Veronica Brill - The Real Hero Of The Stones Live Poker Cheating Scandal
- Has Matt Berkey Discovered The Postlegate Cheating Method?
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- Top 5 Hands Mike Postle Allegedly Cheated On Stones Live Cash Game
- Postlegate Whistleblower Veronica Brill Reveals Inner Workings of Stones Cheating Scandal
- Mike Postle Will Not Go To Jail Over Cheating Scandal
- Mike Postle In Hiding As $10Million Lawsuit Heads To Court
- Mike Postle's Magazine Releases Anonymous Article Casting Doubt on Cheating Claims
- Anonymous Claims That Mike Postle Played At Other Casinos During Alleged Cheating Streak
- Alleged Poker Cheat Mike Postle Finally Acknowledges $10million Lawsuit
- Another Delay in Mike Postle Cheating Case
- Stones Gambling Hall Asks for Postlegate Cheating Case to be Dismissed
- Mike Postle Files Response in Poker-Cheating Case
- New Defense Briefs and Alleged Victims Lawsuits Filed as Postlegate Continues
- Second Lawsuit Filed Over Mike Postle Poker Cheating Allegations
- Mike Postle Amends Dismissal Motion in Poker Cheating Case
- Plaintiffs Seek Sanctions Against Alleged Poker Cheat Mike Postle
- Mike Postle Accused of Dodging Legal Service in Second Poker Cheating Case
- Mike Postle Cheating Lawsuit: Plaintiffs File Response to Stones’ Denial of Responsibility
- Stones Gambling Hall, Kings Casino File Amended Motions to Dismiss Postlegate Lawsuit
- Shock as Mike Postle Cheating Case Dismissed by Judge
- Mike Postle Fights to Dismiss Nevada Cheating Lawsuit by Marle Cordeiro
- Settlement Talks Disclosed Between Stones Gambling Hall, Alleged Cheating Victims
- Veronica Brill Shocked by Postlegate Netflix Documentary Claims
- Nevada-based Lawsuit Against Mike Postle Dismissed For Lack of Jurisdiction
- Whistleblower Veronica Brill Not Among 60 Players Who Accept Settlement in Postlegate Scandal
- Mike Postle and Justin Kuraitis Speak Out as Mac Verstandig Admits No Forensic Evidence of Cheating
- Poker Pros Trash Justin Kuraitis Pro-Postle Statement
- Postlegate $40,000 Payoff More Than Lawsuit ‘Rake’ Damages
- Bart Hanson Dissects New Postlegate Hands as Justin Kuraitis Sets Twitter Alight
- Mike Postle Movie Producer Promises It's Not Just An Innocence Film
- Justin Kuraitis Goes Quiet On Twitter Following Postlegate Backlash
- Mike Postle Launches $330million Defamation Lawsuit Against Brill, Negreanu, Ingram and Others
- Veronica Brill Launches GoFundMe Campaign for Mike Postle Libel Lawsuit Legal Fees
- Inside Mike Postle’s $330million Defamation Conspiracy Lawsuit: Who He Is Suing And Why
- Todd Witteles Hires Beverly Hills Lawyer to Defend Against Mike Postle Accusations
- Mike Postle’s Attorney Files Motion to Exit Case, Citing Compliance and Communication Failures
- Todd Witteles to File Frivolous-Lawsuit Claim in Mike Postle Libel Case
- February Hearings Approach for Anti-SLAPP Motions in Mike Postle Libel Lawsut
- Mike Postle’s Internet Trolls Disappear Along with Alleged Cheat
- Mike Postle Files For Second Continuation, Todd Witteles Files Opposing Motion
- Mike Postle Granted Second Continuance in $330 Million Libel Case
- Mike Postle Case Update: HONR Network Clarifies Involvement
- Mike Postle Case Update: Veronica Brill Defense Attorney Marc Randazza Provides Statement on HONR Network Involvement
- Mike Postle Drops $330million Defamation Lawsuit Against Whistleblower Veronica Brill
- Todd Witteles Chases Mike Postle for $43,000 in Legal Fees
- Veronica Brill Chasing Mike Postle for Legal Fees
- Judge Orders Mike Postle to Pay $27,000 in Anti-SLAPP Ruling
- Mike Postle Appears in Court via Zoom to Argue Against Legal Costs Award
- Mike Postle’s Ex-Wife Reveals All to Veronica Brill
- Mike Postle in Trouble as Court Rejects Legal Papers Ahead of Veronica Brill Hearing
- Whistleblower Veronica Brill Awarded $27,000 Against Mike Postle in Anti-SLAPP Lawsuit Judgement
- Mike Postle on the Run and Facing Bankruptcy
- Mike Postle Gets Court Extension in Bid to Avoid Bankruptcy over Poker-Related Debts
- Alleged Poker Cheat Mike Postle Files New Motion in Bid to Avoid Involuntary Bankruptcy
- Mike Postle Still Fighting to Dismiss Bankruptcy Motion
- Mike Postle Claims to Owe his Mum More Than $80k amid Bankruptcy Battle
- Mike Postle Tried to Enlist Two Other People to Help Him Cheat Claims Veronica Brill
- Mike Postle Invited To Doug Polk's Podcast Return
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