Gawker Can't Shield Chief From JudgmentLaw360, New York (July 19, 2016, 8:46 PM ET) -- Gawker Media chief Nick Denton will likely be forced to file for personal bankruptcy after a New York judge on Tuesday denied the company’s request to temporarily shield him from Hulk Hogan’s $140 million sex tape judgment.
U.S. Bankruptcy Judge Stuart Bernstein denied the company’s request for an injunction to protect Denton and former Gawker editor-in-chief, A.J. Daulerio, from the judgment handed down by a Florida jury until Sept. 3. Gawker attorneys said the injunction would allow Denton to focus on selling the company’s assets.
|Attorney David Hennes questions Nick Denton during Gawker TRO hearing|
|Attorney Eric B. Fisher attorney for Mr Bollea cross examines Nick Denton CEO of Gawker during the TRO Bankruptcy hearing. July 19, 2016|
“I’m the founder of the company,” he said, when asked whether Gawker could survive without him. “I founded it out of my apartment and I know where all the bodies are buried.”
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