$$$ aspect H. Hogan vs. Hawker

In My Humble Opinion (IMHO)
#1

I cannot understand reading the constantly foggy media reports from the Court, how the financial aspect works. Today I read on ppr. saying that Nick Denton’s personal worth is $121,000,000 and his former editor has no assets and $27,000 student loan debt. The defense asked and was granted not to allow damages so great that it would bankrupt the company, which is said to be worth $83 Million (yes, and try selling it for that).

Nacherly, I completely understand the seriousness of a murky 9 second tape of one of the most hideous of men screwing the dearly beloved wife of his former best friend, one Mr. Bubba the love sponge clem.****. This surely was crushing publicity for a publicity hound who does seem ever-so delicate and sensitive.

But since Gawker is a corp. which ought to limit the liability of the CEO, Pres., etc., why does it matter that his alleged net worth is $xxxx? I have no seen anything yet indicating that the Pres. and former editor are being named personally in addition to the Corp.

Admittedly I do not follow the trial, Bubba tLSC, HH, nor Gawker much (any). I am just interested in the court proceedings, bsns aspect and of course, what must be the horrifying condition of Mrs. Bubba tLSC

#2

Gawker is going to be hollowed out no matter what happens. FL requires posing 1/2 the liability as a bond before you can appeal and none of the liable parties has that much cash in this ruling. How Gawker is going to appeal remains to be seen.

#3

At least from the information I’ve read I think Gawker deserved to lose the case, but even so the amount the jury awarded is pretty ridiculous. I don’t know if I believe the video cost him that much money but I think it said like $65 Million of the reward was money it cost him or something. I can see how the information was humiliating in a way but the sex tape is so short and the still I’ve seen of it just looks like a vague grey shape on top of another I’ll-defined grey shape.

#4

Well at least now Hulk Hogan won’t have to worry about money.

lol

#5

He doesn’t have to worry about money now. Even if he doesn’t collect a cent from Gawker, he’s still worth $25 million.