The fate of the website embroiled in a continuing legal battle with retired professional wrestler Hulk Hogan remains unclear, according to a lawyer for Gawker Media, the Wall Street Journal reported today. The site, gawker.com, wasn’t included in last month’s sale of most of Gawker’s other assets to an arm of Univision Communications Inc. It remains a potentially valuable asset to be sold or otherwise monetized, the lawyer, Gregg Galardi, said Thursday during a bankruptcy court hearing in Manhattan. Gawker Media and founder Nick Denton have been dogged by a $130 million invasion-of-privacy judgment owed to the former wrestler, whose real name is Terry Bollea, stemming from a sex tape the site published in 2012. In March, a Florida jury awarded a total of $140 million in damages to Bollea. Denton, who is jointly liable for most of the $130 million award, is personally liable for an additional $10 million, court papers show. The mammoth judgment, which Gawker and Denton have vowed to appeal, forced both to seek chapter 11 protection earlier this year.
