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by lr4444lr
2689 days ago
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Gawker's insurance was going to bat for them, and would have likely reached settlement. What Thiel's team did was help Hogan's lawyers deliberately construct their suit in such a way, even scale it back if I understand correctly, that if found liable, would not have fall within Gawker's insurance policy.[0] Faced with the prospect of a huge uncovered loss, Gawker crumpled like a cheap suit. Paid to win? I doubt it. Hogan was up against a team seasoned pros, and was just lucky to have an enemy of his enemy. Much respect to Thiel for sticking to principle. [0] https://www.hollywoodreporter.com/thr-esq/gawkers-insurer-lo... |
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