Postle Involuntary Bankruptcy Case Ends After Reaching A Settlement

Updated On Jan 13, 2022 by Natalie Whitehead

Mike PostleSummary

  • The Postle case is now over as a settlement agreement was made
  • All parties choose to keep the terms and conditions confidential
  • The dismissal of the case brings the “Postlegate” legal saga to an end

Veronica Brill and Todd Witteles have agreed to drop the involuntary bankruptcy case they had filed against Mike Postle, signaling an end to the “Postlegate” legal saga. All parties reportedly signed a settlement agreement in mid-December following a series of discussions and negotiations.

Brill and Witteles jointly filed an involuntary bankruptcy petition against Postle back in July 2021 following the latter’s failure to pay the legal fees he owed them. Brill and Witteles were previously awarded $27,745 and $26,982 in legal costs respectively after winning their anti-SLAPP claims against Postle. But the alleged poker cheat failed to coordinate with them to settle his obligations.

In September, Postle filed a motion to dismiss the petition, citing the “numerosity” clause in the federal bankruptcy code which states that at least three creditors should initiate the involuntary bankruptcy case. Brill and Witteles were only the ones who pursued Postle out of 25 separate creditors that Postle listed, including his mother.

In his motion to dismiss, the Sacramento-based player specifically attacked Brill’s lawyer Marc Randazza, claiming that the petition was a “bad faith filing“.

Settlement Reached

Over the past couple of months, all parties involved in the case reportedly engaged in a series of talks where they had all agreed to resolve their differences and settle all disputes. Brill’s lawyer Marc Randazza, Witteles’ legal counsel Eric Bensamochan and Postle’s attorney Yasha Rahimzadeh all signed a settlement agreement, the details of which remain unknown to the public.

The numerosity standard raised by Postle remained unresolved and was rendered moot when all parties entered into an agreement which was reached in principle last month but was only docketed on January 7, 2022.

The settlement will likely become official in a court hearing on February 9, 2022, with approval from the case’s presiding judge.
Mike Postle was the main subject of a massive cheating scandal which erupted in September 2019. Brill, considered as the whistleblower in the long-running saga, exposed Postle’s alleged cheating during livestreamed cash games at Stones via a series of tweets. She also claimed that Postle carried out his illicit practices with an accomplice inside the California poker room.

The scandal dominated the poker headlines, with several big names in the game conducting their own investigation. Postle, Stones, and tournament director Justin Kuraitis were named in a multi-million civil lawsuit filed by the affected players. While that case was ultimately dismissed, Postle hit back at his accusers, listing them as defendants in a $330 million defamation lawsuit which he eventually voluntarily dropped.

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If there is one topic that really gets Natalie excited it has to be the mathematics of gambling, having worked for a major gaming company in the audit department she loves nothing more than revealing all manner of facts and figures. Many of her news stories relate to both online and bricks and mortar gaming and are always worth...

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