Gawker, Peter Thiel & The Strange World of Litigation Finance (Video)
June 7, 2016 (Mimesis Law) — Mark Cohen returns to discuss Gawker’s legal battle, Peter Thiel’s involvement in the case and the questions about litigation finance. Gawker recently filed for Chapter 11 bankruptcy protection after a Florida jury awarded former WWE star Hulk Hogan $140 million in a lawsuit stemming from the media company’s publication of a the former wrestler’s sex tape. After the jury award was announced, media reports claimed that billionaire Peter Thiel bankrolled Hogan’s suit against Gawker. Cohen points to this episode as an unusual turn in the story of litigation finance in America.