PokerStars Files Appeal Over Atlantic Club Casino Ruling
"In the appeal, the Rational Group claimed that Judge Raymond Batten made several errors, including misinterpreting a time limit for sealing the deal, and effectively blocked New Jersey casino regulators from regulating their review of the sale. The company also argues that Batten “improperly considered” testimony from Atlantic Club’s witnesses and relied on documents that were not formally entered as evidence.
In a 34-page brief accompanying its appeal, the Rational Group argues that the 120-day deadline should have started from the day its application for state approval was complete, not from the date the sale was rendered.
According to the contract, it gave either party the right to cancel the deal if Rational had not obtained state approval by April 26. However, the company’s approval to own and operate a casino was not complete until early April.
Batten also ruled that the temporary order for which Atlantic Club could not seek new buyers was no longer valid and therefore void."