appreciate their continued dedication in working towards a mutually beneficial agreement that will facilitate repayment of the. The Washington-based IMF executive board reaffirmed its full confidence in Lagarde's abilities to perform her duties leading the Fund, hours after the verdict was issued in Paris. By Chine Labb and David Lawder. Government, which then sold the assets to the French investment firm. For now, this is a pretty historic agreement in many ways, and its going to lay the groundwork for a final agreement between Tapie and the company, which will ultimately result in those assets, presumably, being voluntarily forfeited to the government. The court of 15 judges, including 12 lawmakers, has never handed down a firm prison sentence. Its not clear what has to happen for the government to obtain those assets. "Since Madame Lagarde was not sentenced, I wonder about whether to appeal or not to the highest court Maisonneuve told reporters outside the court.
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The case dates back to when Tapie sued the French state for compensation after selling his stake in sports company Adidas to then state-owned Credit Lyonnais in 1993. "The Executive Board looks forward to continuing to work with the Managing Director to address the difficult challenges facing the global economy the board said in a statement. Finally, the DOJ has agreed to dismiss the civil forfeiture proceedings against FTP, which removes liability for the company's shareholders; however, it will not impact the individual proceedings against those individuals named in the indictments including. The case was only the fifth ever heard by a special French court created in 1993 to try government ministers. The deal, which presumably needs to be approved by a two-thirds vote by FTP shareholders, also states that GBT will be responsible for paying back players outside the.S., and the Department of Justice will pay back players in the.S., who are owed approximately. According to, poker Player Newspaper, Wendeen Eolis, CEO of, eolis Intl Group, spoke with.
Bernardtapie.com au printemps 2010. Signs Deal with DOJ to Acquire Full Tilt Poker for 80 million.