Is Gawker trying to wiggle out of paying Hulk Hogan a $140 million court judgment over the posting of a sex tape by hiding its assets?
That's what lawyers for the former pro-wrestler suggest in court papers seeking access to the gossip website's confidential financial documents.
Hogan's lawyer David Houston told the New York Post
it appears that Gawker owner Nick Denton is "expatriating great sums of money to Eastern Europe, potentially to avoid taxation and creditor issues."
Last month, Gawker lost a lawsuit filed by Hogan who charged his right to privacy was violated when the website posted a graphic sex tape of him having sex with a radio shock jock's wife. It was ordered to pay Hogan $140 million.
But the Post says Denton may attempt to wiggle out of handing over a $50 million bond during his appeal by fudging the company's real worth, Houston charges in court papers.
Gawker claims that a $140 million hit would kill its business and is seeking to have the amount lowered to under $2 million, according to The Post.
© 2022 Newsmax. All rights reserved.