PWTorch editor Wade Keller presents a special Thursday Flagship edition of the Wade Keller Pro Wrestling Podcast featuring a WrestleMania 36 Preview with ex-WWE Creative Team member and professional stand-up comedian Matt McCarthy.
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Hulk Hogan vs. Gawker Trial Aftermath – June 2016
Week of June 20 Updates
– On Monday, Hulk Hogan’s attorneys filed a challenge to Gawker’s auction proceedings, arguing that the potential sale to a publisher such as Ziff Davis could negatively impact Hogan’s ability to collect on a $140 million judgment, reports the Wall Street Journal.
The jury’s ruling, which was upheld by Judge Pamela Campbell in the Florida circuit court, is still pending appeal in the Florida appeals court. However, Hogan’s camp is looking to ensure it will be able to collect the current debt in the event of Gawker being sold when the auction officially takes place in New York bankruptcy later this month.
Back in Florida court, Hogan’s attorneys attached the New York court’s temporary restraining order back to the original lawsuit, Gawker’s original appeal in November 2015, and Gawker’s most-recent appeal on June 10.
The Florida appeals court noted that “this court is prevented from any action in this appeal due to the automatic stay provision of 11 U.S.C., Section 362, Bankruptcy Code, unless a party receives stay relief from the bankruptcy court which at this time has jurisdiction.”
The parties of Hulk Hogan and Gawker have been “directed to inform this court when the bankruptcy court grants relief from the automatic stay or when the stay lapses.” The action is due by October 19.
Essentially, the Florida appeals court is waiting for the bankruptcy court to resolve their aspect of the legal proceedings before reviewing Gawker’s appeals case.