The workplace of the British web business person, who controls a 68 percent stake in the news and amusement site, affirmed the move to AFP. His legal advisors gave no further subtle elements when requested that remark.
In March, a US jury in Florida requested that wrestling star Hogan be permitted to gather $140 million in complete remuneration after Gawker distributed a tape of him engaging in sexual relations with a companion's significant other.
Ogler Media petitioned for Chapter 11 liquidation insurance in June, additionally looking to evade a shutdown over the jury's decision.
Denton assessed his benefits at $10-15 million, as indicated by a duplicate of his Chapter 11 singular insolvency documenting distributed by Politico.
In an update to staff, acquired by AFP, Denton seemed playful about the possibilities of Gawker surviving.
After the organization petitioned for liquidation, the beset US media bunch said it had achieved an arrangement to offer its media brands to distributed gathering Ziff Davis.
"We can be pleased that we survived and thrived as a free organization for over 10 years, and have a second demonstration in front of us, under the safe house at long last of a bigger media organization," Denton composed.
He hammered what he called an "individual feud" and called it "aggravating to live in a world in which a very rich person can spook writers since he didn't care for the scope," Denton wrote in the update to staff.
While Gawker has experienced harsh criticism for its down to business way to deal with VIP scope, the case likewise brought up issues about whether capable interests can utilize their assets to hush media for unfavorable scope.
Tech tycoon Peter Thiel recognized that he financed the case. He has fought for quite a long time against Gawker since it "outed" him as a gay person.
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