Call it the Chapter 11 inverted headlock.
Gawker Media has deployed a desperation move to slip out of a potentially crippling $140 million jury verdict in the invasion-of-privacy case brought by former pro wrestler Hulk Hogan and funded by tech billionaire Peter Thiel: The digital-media company filed for bankruptcy Friday to sell its assets to publisher Ziff Davis or another bidder — free and clear of legal liabilities…
Gawker Files for Bankruptcy After Losing Hulk Hogan Privacy Case
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