4 ms·

Dude, my dude, Thiel just paid for part of Hogan's legal fees. That money's not gonna conjure up evidence from the luminiferous aether.

• FireBeyond 10y ago
  The issue is that Bollea dropped a part of the lawsuit that would have allowed the award to be paid out by the insurer - that reduces both the likelihood and amount of money that Bollea will receive, on the face of it, acting in a manner contrary to his own best interest, and in Thiel, lawsuit financier's, stated interests.
  • eudox 10y ago
    >acting in a manner contrary to his own best interest Hogan is a famous, well-liked millionaire[0] already. And he almost certainly doesn't like Gawker. So maybe he thought, "I can give up some of these millions and these parasites will not publish another damned lie again". In return, he also gets the eternal gratitude of people who hate Gawker (all decent human beings). Seems like his actions align quite well with his interests. [0]: https://en.wikipedia.org/wiki/Hulk_Hogan#Finances https://en.wikipedia.org/wiki/Hulk_Hogan#Finances
    • FireBeyond 10y ago
      Yes, I can see the motivations of someone who confessed bankruptcy or near bankruptcy who initially sued Gawker for damages - got a very large award, and only after Thiel got involved decided to drop a part of the lawsuit that might help him actually receive all/some/any of the award - as not being worthy of any question at all. Your own link says he is no longer a millionaire. He changed from financial motivations to moral superiority after the investment of someone who wants to destroy Gawker (not that Hogan might not also want that)... reducing your ability to receive damages doesn't seem to align to me as well as it does to you.
      • eudox 10y ago
        Eh, it's a difference of a few million, maybe tens of millions. A small price to pay to watch this pustulent sore on humanity's face collapse and burn as a result of your actions. Me, I'd take that cut.
• zorpner 10y ago
  People with more resources win more lawsuits. Do you believe that this is because they are more frequently wronged?
  • eudox 10y ago
    Gawker didn't lose this trial because they ran out of money to pay their lawyers, they lost because a jury of their peers found they were guilty as sin.
    • glenstein 10y ago
      They lost because a billionaire, who didn't like them for reasons entirely independent of the merits of the case, spent time and resources canvassing for opportunities to punish Gawker. As Thiel himself said, "even someone like Terry Bollea who is a millionaire and famous and a successful person didn’t quite have the resources to do this alone." Thiel also said that, but for his involvement the plaintiffs would have accepted a pittance. The outcome is largely a consequence of an the intervention of an outside party, not merely the merits of the case itself.
  • vintermann 10y ago
    Well, in terms of resources, Thiel has more than Denton, who in turn has more than Bollea. I think it's a moot point, since both Thiel and Denton have enough money that throwing more money at lawyers would do practically no good. Yes, people with more resources win more lawsuits, but there are diminishing returns.
  • TheCoelacanth 10y ago
    Gawker is a company with $45 million in revenue. They have plenty of money to defend themselves from a single lawsuit. If anything, Thiel just leveled the playing field.