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Claims process for FTP starts in September

Claims process for FTP starts in September

September 16th is tentatively the date chosen by Garden City Group (the claims processor handling the movement of FTP funds) to initiate the official claims process.On it's website, the Group states that an emailwill be sent to all eligible Full Tilt Poker clients who are still waiting for a reimbursement. This email will have all necessary instructions on how to proceed with the claims. The instructions will also be posted on the website in case any of the eligible players has lost access to their email account.

The time frame for making the claims is quite short though. The email will be sent out on September 16th and the last day to submit the claims is November 15th. The complete statement, as shown in the website reads as follows:

“Starting on September 16, 2013, GCG will email a Notice with instructions on how to submit a Petition for Remission online to all potentially eligible claimants identified by GCG utilizing data supplied by Full Tilt Poker (“FTP”). The deadline to submit a Petition for Remission is November 15, 2013. Instructions concerning the filing of Petitions will be included in the Notice and will be posted on this website. Please continue to check this website for updates. Please note that the registration process for email notification is no longer available.

If the forfeited funds available for distribution equal or exceed the aggregate FTP Account Balances for all eligible Petitioners, each eligible Petitioner with an approved claim will receive the entirety of his or her FTP Account Balance. If the aggregate FTP Account Balances for all eligible Petitioners exceed the funds available for distribution, payments shall be made to eligible Petitioners on a pro rata basis.”

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