Journalists and legal scholars have been debating merits of so-called “litigation finance” over the revelation that libertarian billionaire and philanthropist Peter Thiel helped finance an invasion of privacy lawsuit Terry Gene Bollea (Hulk Hogan) filed against the embattled digital publisher Gawker.
The suit, which Bollea won, awarded him $140 million — a sum that Gawker says puts its future in question. Thiel, in an interview with the New York Times, is not sorry:
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