Artificial intelligence predicts that those whose convictions became final before the controversial law was passed in Malta have a significantly higher chance of getting their money back. Such a law cannot be applied retroactively. That's what the artificial intelligence says. What do you think?
Isn't "public policy" an integral part of Bill 55? If we theoretically assume there's only a single claim (which is theoretically possible), how can it be "public policy"? So "public policy" doesn't exist in the context of casinos before Bill 55. That's just my opinion. I don't know, maybe it isn't.
I have five lawsuits in total. Now a major provider has offered 37.5%, and my lawyer says I should accept it because I'm afraid of liquidation.
I think most people know which provider it is. If the others do the same, you'll only get a small portion back in the end, considering that the litigation funder takes 39%. You could have sold it directly to Rightnow.
Hope this doesn't happen to the others.
It's about Bet365. Litigation funders are having a really tough time right now, so I don't know if they're just acting in the interest of the litigation funders to avoid losing them for future work.
Since my sports betting losses were financed by poker winnings anyway, it wouldn't hurt so much to accept the deal. I have until Monday to decide.
I work at a law firm near Munich.
Here is a small excerpt.
Although we generally strive to obtain a higher compensation amount, we believe it makes sense for you to accept the offer in this case. This is due to the following reasons:
1. We are aware that Hillside is planning to restructure its companies, which could increase the risk of enforcement.
2. Hillside has received a new license in Germany under a new legal entity, sparking rumors of possible liquidation proceedings.
- (From me) Personally, I find that simply cheeky. It always reminds me of those construction companies that close down every few years and reopen under a different name to avoid paying the delayed lawsuits. Something really needs to change in Germany (Europe).
3. We consider it highly likely that Hillside plans to liquidate the "old" ENCs, which could raise legitimate concerns among the claimants.
4. We have determined that some claims against Hillside are at least partially at risk because losses were incurred while bet365 was still operated by one of the Gibraltar LPs (before November 2018). The prospects of success in these cases in court, particularly with regard to a full refund, are therefore reduced and subject to increased risk.
Should a liquidation be likely, the liquidation proceeds will likely be far less than the stated 37.5%. Furthermore, the question arises as to whether any amounts will be available from the other party at all. Against this backdrop, we advise you to accept the settlement. The litigation funder financing your legal dispute also wishes to accept the settlement promptly and has asked us to request approval on their behalf as well.
I played with Bet365 from 2016 to 2022 and changed companies once in 2018.
This means that if it is not liquid, I can forget about the losses until 2018.
I'll probably reject it anyway, as I'd already written off the money in 2022. At 50%, things would probably look different.
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