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More Gawker Employees Being Forced into Bankruptcy in Wake of Hulk Hogan Court Victory

Editor’s note: Couldn’t happen to a nicer bunch of people.

Forbes
On Wednesday night, current and former Gawker Media employees gathered at the company’s Manhattan headquarters to celebrate 14 years of independent journalism ahead of a court-advised sale next week. One former editor, A.J. Daulerio, however, was not in attendance.

That’s partly because Daulerio, who helped shape the aggressive and often scathing style of Gawker Media websites such as Deadspin and the flagship Gawker.com, is due back in a Florida court today to deal with the fallout from a landmark lawsuit involving his ex-employer and former professional wrestler Hulk Hogan. Hogan, whose real name is Terry Bollea, sued Gawker, its founder Nick Denton and Daulerio for invading his privacy by publishing an excerpt of a sex tape featuring him and his friend’s wife. Hogan was awarded more $140 million in damages earlier this year, and is now looking to collect that money.

Daulerio wrote the Oct. 2012 play-by-play narrative of the sex tape, and is the only defendant in the case who has not filed for bankruptcy. Both Gawker and Denton have filed for Chapter 11 bankruptcy and, as a result, are temporarily protected from Hogan seizing their assets. Daulerio may soon be forced to do the same.

On Thursday afternoon, Hogan’s lawyers will ask the judge in the case to allow them to seek additional discovery regarding Daulerio’s assets and, once that process is complete, begin seizing them immediately. As of Monday, Daulerio had just $1,505.78 in his checking account, according to a screenshot of his bank statement submitted to the court, which has been frozen in advance of today’s hearing.

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Doomberg

Written by Doomberg

I am Doomberg, one of the original founding members of Sparta Report, and have been here since the beginning. I am an insatiable news junkie and enjoy reading and writing about the US territories, the Caribbean, video games, smartphones, and of course conservative politics in general.

I also really like pictures of gas stations and claim full responsibility for the silly gas station motif. I'm presently trapped behind enemy lines in a blue state with no hope of escape! The ride never ends.

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