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Hulk Hogan wins massive $115M verdict against Gawker in sex-tape trial


NrM

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haha..couldn't have happened to a better company that only publishes tabloid clickbait trash.

 

https://archive.is/WXsyK#selection-537.0-537.70

 

The stunning sum is a potentially life-threatening event for the New York-based network of news and gossip sites, which was one of the first successful, large digital-only news companies. It's even more than the $100 million Bollea was seeking.

 

"What's disturbing about Gawker isn't what they do in a vacuum," Bollea lawyer Kenneth Turkel said during closing arguments. "It's how proud they are of it." Denton was "playing God over Bollea’s right to privacy," he added.

 

 

Edited by Mr. Meeseeks
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"The judgment Hulk Hogan got Friday could be small potatoes compared to what he could end up getting after the Florida jury socks Gawker with punitive damages for posting his sex tape.

Hulk was awarded $115 million in compensatory damages.  The jury will decide next week how much to tack on by way of punitive damages, which are designed to punish defendants for intentional wrongdoing.

The Florida Supreme Court generally tolerates punitive damage awards that are 2 to 3 times the amount of compensatory damages.  Anything more than 3 times is dicey ... the Court often slices excessive judgments down to size.

But 3 times compensatory damages would be a whopping $345 million, added to the $115 mil compensatory judgment, that would give Hulk a grand total of $460 million.

Gawker has already vowed to appeal."



Read more: http://www.tmz.com/#ixzz43NmuCYgN

 

 

DAMN! Anyone wanna make a sex tape with me?

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From what I've read, apparently him getting awarded $115 Mill is a little deceiving.

 

After paying for lawyers and all the folks that worked on this case for the past couple years, you can pretty much take half of that away. Down to $57.5 Mill

 

He is also going to be taxed on this money, yup. Take away another half, down to about $28 Mill.

 

And Gawker is going to appeal, so it may be years before Hulk even sees a dime of this money.

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From what I've read, apparently him getting awarded $115 Mill is a little deceiving.

After paying for lawyers and all the folks that worked on this case for the past couple years, you can pretty much take half of that away. Down to $57.5 Mill

He is also going to be taxed on this money, yup. Take away another half, down to about $28 Mill.

And Gawker is going to appeal, so it may be years before Hulk even sees a dime of this money.

That's how it works. If he hadn't won, his attorneys wouldn't get anything and wouldn't recoup the hundreds of thousands (if not millions) they invested in the case.

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I wonder if those that were pissed that Erin Andrews got $55M are even more pissed that Hulk Hogan got $115M. Probably not.

 

she sued the guy, and the hotel equally.

hulk was smart. he settled with the guy for $5k, and went full guns blazing after the media company.

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