Gawker Media founder files for personal bankruptcy


  • TECH
  • Tuesday, 02 Aug 2016

Defence position: Denton said he wanted to protect colleagues from tech billionaire Thiel.

NEW YORK: Gawker Media Chief Executive Nick Denton filed for personal bankruptcy protection on Monday, according to court documents that name his largest creditor as Hulk Hogan, a former professional wrestler who won a US$140mil (RM566mil) court judgement against the news website over a sex tape it posted.

Denton listed assets of US$10mil (RM40mil) to US$50mil (RM200mil) and liabilities of US$100mil (RM400mil) to US$500mil (RM2bil) in his Chapter 11 petition filed at the US Bankruptcy Court for the Southern District of New York.

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