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Hulk Hogan Objects to Gawker CEO Denton’s Bankruptcy Shield

By Tony Seruga

Says company loaned founder $200,000 in the week before filing
‘Blogging, Tweeting’ Denton not indispensable, wrestler says

Hulk Hogan, stymied by the bankruptcy filing of Gawker Media in the midst of a legal battle over a sex tape, is fighting back using the tools of Chapter 11 law.

Hogan, unable to collect a $140 million jury verdict against the media- and celebrity-focused site because of the bankruptcy petition it filed June 10, said in court papers filed Tuesday that the company is improperly trying to protect its chief executive and founder, Nick Denton, who is liable for part of the judgment. He also claims Gawker or an affiliate made a $200,000 loan to Denton in the week leading up to the bankruptcy…

Hulk Hogan Objects to Gawker CEO Denton’s Bankruptcy Shield

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