Defunct gossip website Gawker will soon start paying $20 million it owes to shareholders — including founder Nick Denton — court proceedings revealed Wednesday. This action follows a jury's decision last March to award Hulk Hogan $140 million in his invasion of privacy suit against Gawker. C&G's Daniel H Tabak was counsel for Mr. Hogan during these proceedings.
- "Gawker to Start Paying $20M Owed to Shareholders, Founder Nick Denton," New York Daily News.
- "Gawker Founder Nick Denton to Leave Bankruptcy," The Wall Street Journal.