Rakeback.com - Don't play poker without it
 

Phil Ivey Sued by Ex-Wife Over Divorce Settlement

by Adam Sowell, Rakeback.com Poker News Staff Writer

After receiving millions in their divorce settlement, Luciaetta Marie Ivey now claims that her ex-husband and lawyers cheated her from her deserved share of Phil’s riches. A petition outlining her claim was filed this week by Luciaetta’s new attorney against Phil Ivey, his lawyer David Chesnoff, and her former lawyer John Spilotro.

Luciaetta’s new lawyer, Gary Logan, filed the suit on Tuesday at the U.S District Court for Nevada, claiming that Spilotro “failed to safeguard the financial interests of his client” while Chesnoff, Phil Ivey, and Spilotro “engaged in a combination and conspiracy” at the time of the divorce settlement. Because of this, Logan believes that Luciaetta did not receive her rightful share of the couple’s community assets.

Logan points out one instance in 2008 where Phil Ivey had claimed mutual earnings of over $8 million and Spilotro allegedly failed to verify this report’s accuracy. Because of this and similar reasons, Logan argues that Luciaetta’s divorce proceedings were fixed.

The divorce, which took place in December of 2009, left Luciaetta with $1 million worth of jewellery, a $1.25 million purse collection, funds for a down payment on a new house, a life insurance policy, her vehicle, 50 percent of what their home sold for and 40 percent of a stock account and all businesses excluding Tiltware LLC.

She was also granted alimony of $180,000 per month from what Phil earned from Tiltware as long as he was being paid by them. In addition, her ex-husband was stuck with over $170,000 in credit card debt and over $15.1 million in gambling-related debt.

Luciaetta seemed to be fine with all of this until Full Tilt was shut down and she stopped receiving alimony checks in April of 2011. Several months later she reopened the case, attempting to disqualify judge Bill Gonzalez who Phil Ivey had made significant campaign contributions to after the divorce was finalized.

Just months after Full Tilt’s troubles, this could prove to be another bad beat for Phil Ivey.

Top Rakeback Offers

View all rakeback offers

How Much Cash Back Will I Earn?

Rakeback increases your winnings from online poker as you continually earn money back from every raked hand or tournament you play.

Many players earn a living wage from rakeback alone. Use the calculator below to estimate the size of payments you’ll get over a given period of time. The calculator will compute your expected daily, weekly, and monthly cash back depending on the stakes and tables you input.

Calculate Your Rakeback
$125
Hourly
$998
Daily
$17,472
Monthly
$174,720
Yearly

Top Poker Room Recommendation

Black Chip Poker

  • 27% Rakeback
  • $1000 Sign-up Bonus
  • Bonus Code: RBCOM

Download

Read more...