Gawker Founder Looks To Ch. 11 To Slip Sex Tape Judgment

Law360, New York (August 1, 2016, 11:30 AM EDT) -- Gawker founder and chief Nick Denton filed for personal bankruptcy protection Monday in New York to shield himself from Hulk Hogan’s $140 million sex tape judgment after losing previous attempts to put the judgment on hold pending an appeal.

Gawker founder and chief Nick Denton is personally liable for a $125 million share of the $140 million Hulk Hogan sex tape judgment. (Credit: AP) The Chapter 11 filing comes after a Florida appeals court earlier in the day denied Denton and former Gawker editor A.J. Daulerio’s latest request for an emergency stay. Denton is being represented by Cole Schotz P.C. bankruptcy...

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