Jalopnik is officially fucked!!

oh the joy...

yahoo.com/gma/gawker-media-files-bankruptcy-171505396--abc-news-celebrities.html

Other urls found in this thread:

jalopnik.com/were-here-were-posting-cool-shit-about-cars-get-used-1781768483
twitter.com/SFWRedditGifs

and nothing of value was lost

Bankruptcy doesn't mean out of money

It means people think they have more money than they have so they have to count what they actually have before they file their taxes.

I bet you think Trump is broke too

Theyre only doing that to try to get rid of that Hulk Hogan judgement money.

I don't think bankruptcy will remove a legal judgement, it still has to be paid.

IIRC most of that has to come from Denton also, regardless of what happens to Gawker.

They're reevaluating their assets after the case and payment of damages to Hogan before they file their taxes. So it's an extension before they get fucked up the ass by the IRS.

thats not how bankruptcy works friend. they still have to sell their assets to pay creditors.
trump isnt broke because non-small businesses are treated as separate entities it's owner's assets are protected.

Bad news...

jalopnik.com/were-here-were-posting-cool-shit-about-cars-get-used-1781768483

I am aware, see