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Jury sides with Hulk Hogan in his sex tape lawsuit against Gawker & awards him $115m

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From Associated Press:

BREAKING: Jury sides with Hulk Hogan in his sex tape lawsuit against Gawker and awards him $115 million.

https://twitter.com/AP/status/710964298126901249

More from CNN reporter Tom Kludt:

"Hogan breaks down in tears after the verdict is read

$55 million in economic injuries + $60 milliion for emotional distress = a massive amount in damages owed by Gawker

And punitive damages will be tacked on top of that $110 million

Nick Denton and AJ Daulerio have sat motionless throughout, while a sobbing Hogan is consoled by attorney

Florida law requires a party to post a bond for the full amount of damages, but that is capped at $50 million"
https://twitter.com/TomKludt

Hulk Hogan posted this eight days ago.

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It seems the bond payment for appeal caps at $50 million.

Tom Kludt ‏@TomKludt 4m4 minutes ago
Florida law requires a party to post a bond for the full amount of damages, but that is capped at $50 million #hulkvsgawk
 
So Hogan does not need to work another day in his life.

Of course there will be appeals, and he probably wont ever see a dime because Gawker will file for chapter 11
 

wildfire

Banned
Don't worry guys. The crooked judge will throw out the ruling. Hulk will have his rematch with Gawker at Wrestlemania.
 
RIP Gawker

I read that even if they appeal, they have to pay up front while waiting for the appeal to go through. So basically this is do or die for Gawker, and if they lose they're finished.
 

entremet

Member
So these are the websites affected, off the top of my head:

Gawker (duh)
Jezebel
Deadspin
Gizmodo
Jalopnik
Kotaku

I do like Kotaku, so I hope they're taken care of somehow.
 
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