Quote:
Originally Posted by BE911SC
So Hulk Hogan won his suit against Gawker for 31 million. How do you actually get them to pay? The words "make me" come to mind, as in okay, you won, now make me pay you. Does that entail a whole new round of legal drama and cost or does refusing to obey a court decision (court order?) mean you could be in further trouble?
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Actually, Hogan was awarded $140 million in the law suit, an amount Gawker was on the hook for, and subsequently Gawker settled for $31 million. Since the judgement and settlement, Gawker has declared bankruptcy and has shut down. Gawker was sold prior to the bankruptcy and there are other web sites related to the original business, but were not part of the suit. Whether or not Hogan and his lawyers can collect will be a bit complicated, I believe, given the transfer of ownership and bankruptcy. I doubt he will see any amount close to the settlement.
Edit: Just read about this today. Apparently, the settlement was meant to put the litigation to and end. Gawker lost the suit and could have appealed but chose to settle instead. As part of the settlement, Hogan will receive 45% of the proceeds from the sale of Gawker.com in addition to the $31 million. The owner of Gawker declared personal bankruptcy. So, bottom line, it looks like Hogan will receive some money, perhaps all, and it doesn't appear the defendant is going to refuse to pay, however long that takes.