Gawker founder Nick Denton faces personal bankruptcy
by Reuters from on (#1MW1F)
The British former journalist lost a bid for protection from damages over the Hulk Hogan privacy case, but vowed to fight on
The founder of Gawker Media, Nick Denton, faces personal bankruptcy after a US judge refused to extend protections shielding him from liabilities in the Hulk Hogan privacy case.
The decision represents a victory for Hogan as well billionaire investor Peter Thiel, an early backer and board member of Facebook who helped fund Hogan's lawsuit following the publication of an article by Gawker about Thiel's homosexuality.
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