[C-Note]

Some insider information must have come out in discovery or the trial that Hogan is using for this second lawsuit.

[DamienCasanova]

(05-02-2016 03:21 PM)C-Note Wrote:  

Some insider information must have come out in discovery or the trial that Hogan is using for this second lawsuit.

Indeed, Hulk Hogan and his private counsel, The Million Dollar Man Ted Dibiase had some serious discussions.

[Emancipator]

Hogan's lawsuits have apparently been financed by Trump delegate billionaire Peter Theil

[Buakaw]

Probably revenge for when Gawker outed Thiel as gay back in 2007.

What goes around...

[TheBowery]

Peter Thiel has also endorsed Trump - strange bedfellows indeed.

[Easy_C]

It's been confirmed that his outing was why.

More power to him. It's about damn time and the sooner Gawker dies the better. Worth saying again but you won't find more vile, hateful people than their writers and commenters.

[American Rampage]

Longer interview with Peter Thiel.

Quote:

He said that he hired a legal team several years ago to look for cases that he could help financially support. “Without going into all the details, we would get in touch with the plaintiffs who otherwise would have accepted a pittance for a settlement, and they were obviously quite happy to have this sort of support,” he said. “In a way very similar to how a plaintiff’s lawyer on contingency would do it.” Mr. Thiel declined to disclose what other cases he had supported but there are at least two current cases against Gawker.

Quote:

He refused to divulge exactly what other cases he has funded but said, “It’s safe to say this is not the only one.”

Speculation that a secret benefactor was backing Mr. Bollea’s case was whispered during the trial but largely dismissed as a conspiracy theory. It gained currency in large part as a result of an unusual decision Mr. Bollea’s legal team made: It purposely excluded a claim that would have allowed Gawker’s insurance company to help pay for its defense as well as damages. The move struck observers as odd because most plaintiffs seeking damages usually hope to settle the case by leveraging the deep pockets of an insurer.

I can't imagine the how satisfied Peter Thiel must feel. When you're a billionaire, there are are still some things money can't buy. For everything else, there's bankrupting Gawker in a 10 year revenge plot.

[username]

Peter Thiel is fucking awesome.

Check out his Wikipedia bio: https://en.wikipedia.org/wiki/Peter_Thiel

Peter is a super entrepreneur, hates Gawker, likes Trump, speaks out against political correctness, and is pretty damn red pill.

If you look past the gay part, he would fit in nearly perfectly here at RVF.

[Benoit]

The media establishment is running scared. Thiel has no need to play nice with the NY media set.

They 're only just realising that philanthropy doesn't have to mean supporting globalist causes, but can mean destroying companies who expected to be off-limits because they push the right message.


"At FUSION, we champion a young, diverse, and inclusive America from the inside out." - comments almost all anti-Gawker.
http://fusion.net/story/306927/peter-thi...blueprint/

Quote:

Who would have thunk unfettered libellous mean-spirited free speech have consequences...

Founding editor of Gawker - all the comments on her own site are against her
http://www.elizabethspiers.com/on-peter-...nd-gawker/

Quote:

Now might be the time to review your professional associations and look within to understand the difference it means to be a journalist, or a click-bait sewer pipe.

TPM - comments off...
http://talkingpointsmemo.com/edblog/a-huge-huge-deal

[DetlefMourning]

http://www.cnbc.com/2016/05/26/gawker-me...le-dj.html

Gawker Media is exploring strategic options, including a potential sale, The Wall Street Journal reported Thursday.

Gawker did not immediately respond to CNBC's request for comment.

Click here for the latest on the markets.

[El Chinito loco]

http://www.cnbc.com/2016/05/26/gawker-me...le-dj.html

Looks like total annhilation is at hand. No details so far but I wonder who would buy a media company that comes with a huge lawsuit attached to it.

[storm]

(05-26-2016 01:11 AM)username Wrote:  

Peter Thiel is fucking awesome.

Check out his Wikipedia bio: https://en.wikipedia.org/wiki/Peter_Thiel

Peter is a super entrepreneur, hates Gawker, likes Trump, speaks out against political correctness, and is pretty damn red pill.

If you look past the gay part, he would fit in nearly perfectly here at RVF.

If you only had access to post-wall silicon valley girls, would it seem so bad to just say you're gay to a couple of people and get the social justice immunity?

Thinking briefly, there are known therapeutic methods for developing fetishes for just about everything. If you were smart and in his shoes, in this political climate, it would be smart to pretend to be gay, much like gay men in history pretended to be straight, had children, etc.

In the end, gay men seem to be the strongest advocates of masculinity because
1. They never feel the need to be apologetic about it
2. They love men.
3. They have just been betrayed by the identity politics movement of the current age

[American Rampage]

NYTimes DealBook: Gawker Media Is Exploring a Possible Sale. It took less than a day.

(05-26-2016 09:53 AM)storm Wrote:  

(05-26-2016 01:11 AM)username Wrote:  

Peter Thiel is fucking awesome.

Check out his Wikipedia bio: https://en.wikipedia.org/wiki/Peter_Thiel

Peter is a super entrepreneur, hates Gawker, likes Trump, speaks out against political correctness, and is pretty damn red pill.

If you look past the gay part, he would fit in nearly perfectly here at RVF.

If you only had access to post-wall silicon valley girls, would it seem so bad to just say you're gay to a couple of people and get the social justice immunity?

Thinking briefly, there are known therapeutic methods for developing fetishes for just about everything. If you were smart and in his shoes, in this political climate, it would be smart to pretend to be gay, much like gay men in history pretended to be straight, had children, etc.

In the end, gay men seem to be the strongest advocates of masculinity because
1. They never feel the need to be apologetic about it
2. They love men.
3. They have just been betrayed by the identity politics movement of the current age

For a long time I've been thinking that gay men will split from the LGBWTF identity politics bullshit now that same-sex marriage is legal and no longer a Democrat wedge issue. Gay men are likely more red pill than straight men and will tire of the political correctness bullshit. They don't worry about unplanned pregnancy, abortion, birth control medication, and according to feminist talking points they already make 20% more than women by having a penis. How do gay men benefit by associating with feminists?

Furthermore, marriage is a fundamentally conservative and private institution that "empowered" Bernie voters have no respect for. This sets up a division between gay men who wanted marriage rights and the screaming feminists and transgender activists who can't commit to a dinner reservation, let alone a marriage contract.

David Cameron (UK prime minister) summed it up a few years ago:

Quote:

And to anyone who has reservations, I say: Yes, it's about equality, but it's also about something else: commitment. Conservatives believe in the ties that bind us; that society is stronger when we make vows to each other and support each other. So I don't support gay marriage despite being a Conservative. I support gay marriage because I'm a Conservative.

Hell, United States v. Windsor was a suit about not paying estate tax. What's a more conservative cause than keeping the government away from your money? I predict gay men will dump the fourth-wave feminist hijacking of the LGBT movement because of its anti-masculinity platform.

Conservative or libertarian gay men like Peter Thiel or even Milo Yiannopoulos are at the front of this. We'll see fewer (but not zero) left-wing gay male activists, and more alt-right or libertarian gay men bankrolling specific causes, not gay causes. The schism will be complete when the screaming feminists scream about "gay male privilege" and gay men lose their SJW immunity.

I could be entirely wrong here. But I refuse to believe "LGBTTQQFAGPBDSM" is a cohesive movement.

[porscheguy]

On MSNBC tonight they were whining about Thiel's financial backing of this lawsuit. They said they felt something was perhaps immoral about billionaires bankrolling lawsuits like this.

Translation: We in the press don't think we should be held up to old standards of journalistic integrity, we think as journalists, we should get away with whatever we want regardless of the harm done.

[262]

(05-27-2016 04:03 AM)porscheguy Wrote:  

On MSNBC tonight they were whining about Thiel's financial backing of this lawsuit. They said they felt something was perhaps immoral about billionaires bankrolling lawsuits like this.

Translation: We in the press don't think we should be held up to old standards of journalistic integrity, we think as journalists, we should get away with whatever we want regardless of the harm done.

Most of the media outlets complaining about Thiel's backing are likely ironically backed by billionaires themselves.

[El Chinito loco]

(05-27-2016 04:54 AM)262 Wrote:  

(05-27-2016 04:03 AM)porscheguy Wrote:  

On MSNBC tonight they were whining about Thiel's financial backing of this lawsuit. They said they felt something was perhaps immoral about billionaires bankrolling lawsuits like this.

Translation: We in the press don't think we should be held up to old standards of journalistic integrity, we think as journalists, we should get away with whatever we want regardless of the harm done.

Most of the media outlets complaining about Thiel's backing are likely ironically backed by billionaires themselves.

Mainly three billionaires Koch, Murdoch, or Soros.

[The Beast1]

Nick Denton to File for Bankruptcy

http://www.zerohedge.com/news/2016-08-01...ptcy-today

Quote:

The avenging ghost of Peter Thiel (metaphorically speaking of course, Thiel is quite alive) continues to haunt Nick Denton, who two months after putting Gawker in bankruptcy after losing a sex tape lawsuit against Hulk Hogan, juts filed for personal bankruptcy protection.

The reason for the filing is that Denton is personally liable for a $125 million share of the $140 million Hulk Hogan sex tape judgment. The decision to file comes after a Florida appeals court earlier in the day denied Denton and former Gawker editor A.J. Daulerio’s latest request for an emergency stay while the company appeals the judgment.

As previously reported, Denton's attorneys had argued that a stay is warranted because Hogan's lawsuit and other litigation against Gawker is being funded by billionaire Peter Thiel, a critic and target of the online media company’s coverage of Silicon Valley.

“Gawker Media Group’s resilient brands and people will thrive under new ownership, when the sale closes in the next few weeks,” Denton said Monday on Twitter. “On this bitter day for me, I am consoled by the fact that my colleagues will soon be freed from this tech billionaire’s vendetta.” A representative for Hogan did not immediately respond to a request for comment.

In his filing, Denton lists assets of $10-$50 million and liabilities between $100 and $500 million.

[Disco_Volante]

bankruptcy doesn't shield you from legal judgements right?

So the bankruptcy would only absolve his other debts, so his personal assets of 10-50 million would be taken and given to hulk right?

[porscheguy]

Sometimes it does shield you, sometimes it doesn't. Hogan will likely never receive the full settlement. Denton will likely have to sell off many of his assets (cars, boats, houses, investments, etc) to pay whatever debts he can. The order in which creditors are paid is up to the judge or the trustee I think. After you reach a point when you can no longer pay, I think that's when the judge dismisses the rest. I'm not 100% certain however and any attorney who specializes in bankruptcy would know better. But if hulk sees 10% of the settlement, I'd be surprised. They all knew it going in.

[Dr. Howard]

(08-01-2016 02:36 PM)porscheguy Wrote:  

Sometimes it does shield you, sometimes it doesn't. Hogan will likely never receive the full settlement. Denton will likely have to sell off many of his assets (cars, boats, houses, investments, etc) to pay whatever debts he can. The order in which creditors are paid is up to the judge or the trustee I think. After you reach a point when you can no longer pay, I think that's when the judge dismisses the rest. I'm not 100% certain however and any attorney who specializes in bankruptcy would know better. But if hulk sees 10% of the settlement, I'd be surprised. They all knew it going in.

Hulk should make Denton an offer:

1 pay per view wrestling match and the suit is dropped. Hogan collaborates with WWE, keeps all the earnings. Denton takes a leg drop and probably some legitimate injuries.

[dicknixon72]

COURT RULING GIVES HULK HOGAN INDEMNITY RIGHTS OF FORMER GAWKER EDITOR

FULL ARTICLE @ TAMPA BAY TIMES

Quote:

Court ruling gives Hulk Hogan indemnity rights of former Gawker editor

ST. PETERSBURG — On Thursday, attorneys focused their efforts to get pro wrestler Terry Bollea his hundreds of millions in courtroom winnings on a former Gawker editor in dire financial straits.

Bollea, better known as Hulk Hogan, sued Gawker for violating his privacy in 2012 after the New York gossip and news website posted a video of the retired wrestler having sex with the wife of his former best friend, Tampa DJ Bubba the Love Sponge Clem.

A jury sided with him in March and ordered that Gawker, its CEO Nick Denton and former editor A.J. Daulerio — who wrote the tape's play-by-play — pay Bollea $115 million in compensatory damages and another $25.1 million in punitive damages.

Pinellas-Pasco Circuit Judge Pamela Campbell ruled on Thursday that Bollea is entitled to Daulerio's indemnity rights from Gawker, which could cover the entire judgment against him.

Bollea's attorneys said they appreciate Daulerio's hardship, including more than $26,000 in student loans, but want a deeper dive into his finances.

Daulerio will be deposed on his financial condition by the end of next week. In filings, he noted his drained checking account and his difficulty getting an attorney to advise him.

The judge scheduled an Oct. 31 hearing on Bollea's renewed motion for sanctions against Daulerio, whom lawyers accused of withholding the extent of his indemnification rights and thus misrepresenting his assets.

According to court records, Daulerio does not own a home, car or any other assets. His Gawker stock is worth $3,107.

Gawker filed for Chapter 11 bankruptcy protection three months after Bollea won. Denton followed suit earlier this month.

[budoslavic]

Univision is buying Gawker Media for $135 million

Quote:

Sold!
BY PETER KAFKA @PKAFKA AUG 16, 2016, 6:08P

Univision has won the auction for Gawker Media.

The TV network and digital publisher has agreed to pay $135 million for the bankrupt blog network, according to a person familiar with the deal.

Univision’s offer will encompass all seven of Gawker Media’s sites, including Gawker.com

Ziff Davis and Univision were the only two bidders for Gawker, which filed for bankruptcy after Hulk Hogan and Peter Thiel won a $140 million judgment in a privacy case. Ziff Davis had originally offered $90 million for Gawker Media.

Here's a statement from Gawker Media owner Nick Denton: "Gawker Media Group has agreed this evening to sell our business and popular brands to Univision, one of America’s largest media companies that is rapidly assembling the leading digital media group for millennial and multicultural audiences. I am pleased that our employees are protected and will continue their work under new ownership — disentangled from the legal campaign against the company. We could not have picked an acquirer more devoted to vibrant journalism."

Mark Patricof, the Houlihan Lokey banker who represented Gawker Media, confirmed the sale price.

"The outcome exceeded our expectations. Both parties put in an awful lot of work, and Ziff Davis deserves credit for their effort," Patricof said. "But ultimately Univision prevailed, and both sides are happy with the outcome."

The deal won’t be official for a bit. For starters, a U.S. bankruptcy court judge needs to sign off on the transaction. When it is final, the judgment funds will be set aside while Gawker appeals its court case; eventually the money will go to the side that wins.

Whatever the result of the case, the auction is a disappointing conclusion for Denton, who founded the company in 2002.

Last year, as rival media companies like Vice, BuzzFeed and Vox Media (which owns this site) were raising money at increasingly high valuations, Denton was arguing that his company was worth $250 million or more.

Univision, which until recently was best known as a Spanish-language TV network, has been expanding its digital reach in recent years by acquiring satire site The Onion and The Root, a publication aimed at African-Americans.

And earlier this year it picked up full ownership of Fusion, the network and digital publisher aimed at millennials, which it originally launched in conjunction with Disney.

[budoslavic]

Delete

[DamienCasanova]

What's Gawker translate to?

~El Papamoscas~

[Phoenix]

(05-26-2016 06:19 PM)American Rampage Wrote:  

David Cameron (UK prime minister) summed it up a few years ago:

Quote:

And to anyone who has reservations, I say: Yes, it's about equality, but it's also about something else: commitment. Conservatives believe in the ties that bind us; that society is stronger when we make vows to each other and support each other. So I don't support gay marriage despite being a Conservative. I support gay marriage because I'm a Conservative.

I feel sick seeing that cuck statement by that cuckservative quoted here outside a negative light. I'm going to go vomit out my stomache contents and replace them with beer.