oh the joy...
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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.
I am aware, see