Hulk Hogan Says Gawker Made Secret $200K Loan to Nick Denton Before Bankruptcy

Hulk Hogan doesn’t think that Gawker’s Chapter 11 should save Nick Denton from having to declare personal bankruptcy. In new filings on Tuesday, Hogan’s lawyers accuse Denton of doing things like getting a pre-bankruptcy loan from Gawker and making misrepresentations to a Florida court.

The former professional wrestler, whose real name is Terry Bollea, continues his drive to collect on a $140.1 million judgment resulting from a March trial in Florida over Gawker’s posting of an excerpt of a sex tape. On June 10, Gawker filed for bankruptcy and also primed the way to sell the company at auction to Ziff Davis or another company. That same day, Gawker brought an adversary proceeding against its legal foes with the intention of holding Hogan and others back on their collection efforts. Denton is personally liable for $10 million.

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
https://www.editorandpublisher.com/news/hulk-hogan-says-gawker-made-secret-200k-loan-to-nick-denton-before-bankruptcy/
LinkedIn
Read More

Leave a Reply

Your email address will not be published. Required fields are marked *