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> system that forced Hulk Hogan to turn to him for help That doesn't seem like a reasonable interpretation of what happened. Hogan is a wealthy celebrity, and
by CPLX 10y ago
> system that forced Hulk Hogan to turn to him for help
That doesn't seem like a reasonable interpretation of what happened. Hogan is a wealthy celebrity, and even if he wasn't the case was an obvious one to qualify for a contingency fee arrangement.
Gawker was insured against a judgement, and they also apparently offered an eight figure settlement amount. Thiel's involvement wasn't needed for the lawsuit to exist, it was used to make the lawsuit into an attempt to bankrupt the company.
- leereeves 10y agoMy opinion: in a perfect world, no one would be forced to settle for less than they are legally entitled to simply because they can't afford to pursue the case to its conclusion in court.
- CPLX 10y ago> forced to settle for less than they are legally entitled to That's fine for some kinds of cases, but the exercise here was to value the economic consequences of the release of a tape of him having sex with someone. The actual amount of money one is legally entitled to for that is basically the definition of a subjective wild ass guess, let's not add fake precision to the analysis.