Danielle Donovan, Weil Gotshal & Manges LLPJanuary 10, 2017, 12:28 PM EST
Law360, New York (January 10, 2017, 12:28 PM EST) -- The Chapter 11 cases of Gawker Media LLC and its debtor affiliates have given the bankruptcy vultures everything they could ever hope for in one docket — celebrity, scandal, a cameo by the First Amendment, and releases. Releases! Just before Christmas, Judge Stuart Bernstein of the U.S. Bankruptcy Court for the Southern District of New York gave his blessing to Gawker’s Chapter 11 liquidation plan.
Some would say that the heart of the plan is Gawker’s settlement with Terry Bollea. If you don’t know who that is,...