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[US] Gawker troubles deepen as crowd-sourced bounty on Nick Denton reaches $50K

By Jonah Bennett National Security/Foreign Policy Reporter From The Daily Caller The successful $140 million Hulk Hogan lawsuit against Gawker Media has hit its founder, Nick Denton, especially hard. Not only has Denton had to put his swanky SoHo apartment…

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Hulk Hogan case rattles litigation funding firms

By Julie Triedman, From The Am Law Daily As if Hulk Hogan’s courtroom brawl with Gawker Media wasn’t already spectacle enough, this week brought news that PayPal billionaire and Sullivan & Cromwell alum Peter Thiel has been funding the litigation,…

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Billionaire’s backing of Gawker suit raises transparency concerns

By Ben Hancock, From The Recorder SAN FRANCISCO — Reports that Silicon Valley billionaire Peter Thiel bankrolled Hulk Hogan’s privacy suit against gossip news site Gawker took the legal industry by surprise on Wednesday. The details also provide a window…