Sentences with phrase «gawker filed for bankruptcy protection»

After the judgment was handed down, Gawker filed for bankruptcy protection, and last week its assets were sold to Univision for $ 135 million.

Gawker itself filed for bankruptcy protection in June, halting Hogan's collection of some $ 140 million in damages.

Not exact matches

The latter had an existing $ 90 million «stalking horse» deal to buy most of Gawker's websites, which the two companies announced when Gawker initially filed for bankruptcy protection in June.

Gawker Media founder and CEO Nick Denton will file for personal bankruptcy protection as early as Monday after losing a fight in a Florida court for a shield against a judgment in a breach of privacy case involving professional wrestler Hulk Hogan, according to a person familiar with the matter.

Gawker Media filed for Chapter 11 bankruptcy protection in New York on Friday, and reports say the company may be entertaining bids.

Gawker Media Group is engaged in preliminary talks with the former professional wrestler Hulk Hogan to reach a settlement over a $ 140 million court judgment that led the company to file for bankruptcy protection, the Wall Street Journal reported on Sunday.

By successfully filing for bankruptcy protection, Gawker Media is protected from handing over any money to Hogan, whose legal efforts against Gawker (among myriad others) are reportedly being financed by Peter Thiel, who wants to sue the company out of existence.

Gawker Media LLC filed for Chapter 11 bankruptcy protection, blaming its financial troubles on the $ 140 million jury verdict that found Gawker liable for its publication of snippets of a sex tape wrestler Hulk Hogan made.

Gawker Media founder Nick Denton filed for Chapter 11 personal bankruptcy protection in order to prevent former professional wrestler Hulk Hogan from moving to seize his assets.