Figured after the speed of the verdict and the overwhelming nature of the evidence against Gawker, Hulk Hogan was looking at a significant nine-figure punitive damage situation which would put the future of Gawker Media on a very short clock.
Either the jury feels Gawker is finished anyway, the whole thing probably is reversible, or Hulk's a slimeball (or some combination), but the punitive damage portion of the verdict was a paltry $25,000,000, announced today.
And the nuclear option has not, as yet, been invoked -- now starts 10 days of behind-the-scenes decision-making, though. So we'll see what Gawker decides to do.
No comments:
Post a Comment