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08-01-2016, 09:13 PM
Gawker founder Nick Denton is filing for bankruptcy
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Gawker founder Nick Denton is planning to file for personal bankruptcy on Monday, as his legal battle with Hulk Hogan — backed by billionaire tech investor Peter Thiel — continues.
Denton's financial situation came into question after a Florida jury awarded Hogan a whopping $115 million in damages for Gawker's publication of a clip of a *** tape featuring Hogan and the wife of one of his friends. Of those damages, Denton was personally liable for $10 million.*
Denton appeared to make reference to the filing on Twitter. A source familiar with the situation confirmed that Denton was talking about his filing.* Read more... (http://mashable.com/2016/08/01/nick-denton-bankruptcy/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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Gawker founder Nick Denton is planning to file for personal bankruptcy on Monday, as his legal battle with Hulk Hogan — backed by billionaire tech investor Peter Thiel — continues.
Denton's financial situation came into question after a Florida jury awarded Hogan a whopping $115 million in damages for Gawker's publication of a clip of a *** tape featuring Hogan and the wife of one of his friends. Of those damages, Denton was personally liable for $10 million.*
Denton appeared to make reference to the filing on Twitter. A source familiar with the situation confirmed that Denton was talking about his filing.* Read more... (http://mashable.com/2016/08/01/nick-denton-bankruptcy/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
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