
On November 2, 2016, Gawker reached a $31 million settlement with Bollea. Gawker Media's assets, not including the namesake website, were subsequently sold to Univision Communications. Three months after the verdict, Gawker filed for Chapter 11 bankruptcy protection and put itself up for sale. In March 2016, the jury found Gawker Media liable and awarded Bollea $115 million in compensatory damages and $25 million in punitive damages. Prior to trial, Bollea's lawyers said the privacy of many Americans was at stake while Gawker's lawyers said that the case could hurt freedom of the press in the United States. Bollea's claims included invasion of privacy, infringement of personality rights, and intentional infliction of emotional distress. In the suit, Terry Gene Bollea, known professionally as Hulk Hogan, sued Gawker Media, publisher of the Gawker website, and several Gawker employees and Gawker-affiliated entities, for posting portions of a sex tape of Bollea with Heather Clem, at that time the wife of radio personality Bubba the Love Sponge. Gawker was a lawsuit filed in 2013 in the Circuit Court of the Sixth Judicial Circuit in and for Pinellas County, Florida, delivering a verdict on March 18, 2016.

2012), motion to remand granted, Bollea v. Daulerio Kate Bennert, and Blogwire Hungary Szellemi Alkotast Hasznosito KFT aka Gawker Media, Defendants

aka Gawker Media Gawker Entertainment, LLC Gawker Technology, LLC Gawker Sales, LLC Nick Denton A.J. Heather Clem Gawker Media, LLC aka Gawker Media Gawker Media Group, Inc. Terry Gene Bollea, professionally known as Hulk Hogan, Plaintiff, v. Circuit Court of the Sixth Judicial Circuit in and for Pinellas County, Florida
