Nick Denton Granted Temporary Reprieve

A chance to fight on.

Gawker founder Nick Denton has received a break from the legal system. A Florida appeals court temporarily lifted the threat of Terry “Hulk Hogan” Bollea enforcing the $140 million ruling issued earlier this year.

Denton—who is personally liable for $10 million—had said that if the ruling was upheld, he’d likely have to file for bankruptcy. The earlier ruling is currently being appealed by Gawker Media, which was forced to file for bankruptcy.

The legal team for Denton argued that they should be able to appeal the original ruling without facing financial ruin because “forcing the defendants into bankruptcy was the true purpose of this case all along.”

Peter Thiel, the PayPal co-founder and Facebook board member, has admitted revenge was the main reason he was bankrolling Bollea’s lawsuit.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in