Gawker Media LLC founder Nick Denton faces personal bankruptcy after a U.S. judge refused on Tuesday to extend protections shielding him from liabilities resulting from a lawsuit over the invasion of privacy of former professional wrestler Hulk Hogan.
Gawker, a U.S. internet publisher, filed for bankruptcy protection in June after Hogan won a $140 million judgment against the company, $125 million of which Denton is liable for, according to court filings.
Attorneys for Gawker had asked the court for the same protections for Denton that Gawker automatically received when it filed for Chapter 11 bankruptcy, including a shield from lawsuits. The court had only agreed to give Denton temporary protections.
Attorneys for Gawker argued that without the shield, Denton would be distracted by his own personal bankruptcy process. Gawker’s business and its plan to sell itself in bankruptcy would suffer, they said.
(Reporting by Jessica DiNapoli in New York; Editing by Alan Crosby)
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Iran probes seized UK-flagged tanker — Britain to hold emergency meeting
ran warned Sunday that the fate of a UK-flagged tanker it seized in the Gulf depends on an investigation, as Britain prepared for an emergency security meeting on Tehran's action.
Iranian authorities impounded the Stena Impero with 23 crew members aboard off the port of Bandar Abbas after the Islamic Revolutionary Guard Corps seized it Friday in the highly sensitive Strait of Hormuz.
Video footage released by Iran showed the Stena Impero tanker being surrounded by speedboats before troops in balaclavas descend a rope from a helicopter onto the vessel.
In an audio recording of a radio exchange, an Iranian officer can be heard ordering the tanker to change course "immediately".
For Cubans — a day at the beach is no easy task
Cuba's constitution guarantees its people access to its beaches, but many locals are unable to enjoy the island's pristine white sands and crystal clear blue waters.
While foreign tourists flock to such paradisiacal Havana sites as Varadero, which was this year named the second most-beautiful beach in the world by American travel website TripAdvisor, Cubans are typically found elsewhere.
"Not many tourists come here," said 43-year-old Rey Gonzalez, who was enjoying a day at Guanabo, a beach east of the capital.
Guanabo's sand isn't as white and the water not quite as clear as Varadero's, but that mattered little to Gonzalez, who was there with his family.