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what`s gonna happen to Boss Media now?


teaulc
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POKERTRILLION.com Successful in its Application to Seize Boss Media Servers in Malta Malta August 18, 2008 --The online poker site POKERTRILLION.com has announced that on 18th August 2008 at the First Hall Civil Court, Malta (Court record and Complaint Number 755-08), Judge Gino Camilleri issued a judgement authorising Trillion Ltd to enforce seizure of the Boss Media Malta Limited and Boss Media AB servers, and that these servers cease being used for any commercial activity as from 18th September 2008 with Boss Media not being allowed to appeal the court’s decision any further. This judgement, which relates to Trillion Limited’s multi-million Euro law suit for breach of contract against Boss Media AB and their associated companies, comes off the back of a number of successful applications made to the courts in Malta by Trillion Ltd. POKERTRILLION.com C.E.O Andy Pyrah explains, “Today’s decision will in effect bring down Boss Media’s operation in their licensed jurisdiction of Malta on September 18, and any partner still on the Boss (IPN) Poker Network at this stage will see their service closed down tooâ€. The judge further ordered that the cosignatory which is now responsible for the equipment also provides full accounts of the revenues being generated from this equipment. Pyrah comments further, “It should also be noted that despite appeals from Boss Media, we’ve been successful in every one of our applications that we’ve filed with the courts in Malta and this includes having our initial garnishee order increased from €5million to €20million earlier this month, this in turn means that there is now a €20million freezing order on all Boss Media’s assets within this jurisdiction, and in accordance with European law we will be applying for this to be executed all over Europeâ€.

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Re: what`s gonna happen to Boss Media now? Hi guys, As with when Trillion first left Boss i'll reiterate that all funds in your Virgin accounts are secured by the Virgin group and would be available to players regardless of any circumstances. However, as with the previous Trillion/Boss scares it's not as cut and dried as the Trillion statement makes it sound. I'm sure more information will come out in the next few days but in my opinion it'd be incredibly unlikely that this episode could be the end of Boss (as much as that many disappoint some of you :-)) Joe

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Re: what`s gonna happen to Boss Media now? cheers joe tbh i wasnt worried about virgin as i'm sure you guys and mr b would sort something out:ok also sporting odds has my money in their account so i cant see them being effected:) but i think its prudent to not leave to much in a less secure account in case the muck really hits the fan:loon

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Re: what`s gonna happen to Boss Media now? I've withdrawn all but pennies from Paradise and poker.co.uk as I rarely play there now and been meaning to do it for a while. So I now have more than enough funds to buy in to the PL WSOP. :nana Happy to leave what I've got in Virgin and PokerKings as it's not much and I need it for regular games. :ok

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Re: what`s gonna happen to Boss Media now?

If the worst does happen Joe' date=' can i withdraw my balance in Rhino vouchers :)[/quote'] No probs there but i'll insist on joining you to ensure that they are redemed only on the highest quality of entertainer.
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Re: what`s gonna happen to Boss Media now? Boss Media assures player funds and no disruption in services In relation to the statements made by Poker Trillion August 18 (“Trillion Limited -v- Boss Media Malta Limited and Boss Media AB”), Boss Media has issued the following statement. Poker Trillion’s recent comments are a reckless attempt to support a legal action that is without merit and initiated as retribution for their dismissal from the Boss Media network. To be clear, player funds are not affected by the current proceedings. All players’ funds are held separately under the control of the Malta Lotteries and Gaming Authority and cannot be seized by any court. Poker Trillion is a former customer of Boss Media who was terminated because of rake back violations. They have since then repeatedly tried to disrupt the Boss Media business through the dissemination of groundless rumors. In April 2008 Poker Trillion alleged in a press release a claim that among other things, Boss Media player funds were frozen. The allegations were false but typical of the type of tactics employed by Poker Trillion. While there has been no hearing on the merits of the Poker Trillion suit, there have been preliminary hearings on the matter. Boss Media has assured that adequate security is provided in Malta in the event of an award of damages against it which we believe to be unlikely. Boss Media is currently exploring various legal options regarding our Maltese assets and can assure that Boss Media has the requisite assets in place to ensure that our business will continue to operate with the highest standards. In the extremely unlikely event that any Malta operations would be affected, Boss Media have high-performance back-up systems in place to ensure continued service to all our customers and their players. ----------- For further information, please contact: Mery Blomqvist, Public Relations & Marketing Manager, Boss Media AB, telephone: +46 (0)70 768 533 256, e-mail: mery.blomqvist@bossmedia.se

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Re: what`s gonna happen to Boss Media now? Malta August 19, 2008: In response to the statement(s) made by Boss Media AB dated 19th August 2008 relating to Trillion Limited –v- Boss Media Malta Limited & Boss Media AB, Trillion Limited would like it to be known that they have informed the Malta Lotteries and Gaming Authority of certain aspects detailed in the Boss Media AB statement(s).

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