On Tuesday, July 5, 2016, lawyers representing Hulk Hogan alleged that Gawker Media LLC secretly loaned Nick Denton, Gawker’s founder and CEO, $200,000 to pay for personal bankruptcy counsel. Gawker and Denton are jointly liable for the $140 million judgment in the Hogan case, with Denton personally liable for an additional $10 million in punitive damages. The accusations come as Gawker navigates through Chapter 11 proceedings and the anticipated sale of its assets.
Lawyers for Hogan are seeking to defeat an attempt to convert a …
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