Hulk Hogan Lawsuit Against Gawker Media Halted Until July 13
Gawker went to Manhattan federal court Wednesday to seek a
bankruptcy judge’s approval of a loan to fund the company while it
appeals the verdict and arranges an asset sale.
has also asked that the court shield its founder, Nick Denton, from
litigants. In addition to the Hogan verdict, the company is facing
lawsuits that seek about $169 million, according to court filings. The
parties to the Hogan suit agreed to a standstill until next month.
The case is In re Gawker Media LLC, 16-11700, U.S. Bankruptcy Court, Southern District of New York (Manhattan).