Support WBURGawker Files For Bankruptcy As It Faces $140 Million Court PenaltyPlay04:30Download AudioBill ChappellJune 10, 2016 ShareNick Denton, seen here during his legal battle with Terry Bollea, aka Hulk Hogan, has filed for Chapter 11 bankruptcy protections for Gawker Media, the company he founded 13 years ago. (Getty Images)