Gawker Founder Sets Personal Bankruptcy Wheels in Motion


Gawker founder Nick Denton earlier this week said that he filed for personal bankruptcy protection after exhausting his appeals to stave off collection of damages resulting from a defamation and invasion of privacy lawsuit brought by professional wrestling icon Hulk Hogan. The filing followed a Florida court’s rejection of Denton’s appeal to block Hogan from collecting $140 million a jury awarded to him earlier this year. The case stemmed from Gawker’s publication of a tape of Hogan having sex with the wife of his friend.

The original article can be found here: http://www.ecommercetimes.com/story/83778.html?rss=1

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