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Re:Gawker Files for Bankruptcy, Will Be Put Up for Auction by untog on Friday June 10, 2016 @03:03PM (#11879037)
For those who don't see anything wrong with this because Gawker is Gawker, I present to you a very similar case involving Mother Jones:

http://m.motherjones.com/kevin-drum/2015/10/billionaire-sued...

The story they reported was 100% correct, but they were still sued by the billionaire political donor that was the subject of the story. The case was eventually thrown out of court, yet it still cost Mother Jones $2.5m to defend themselves. That was enough to drive them to the brink of bankruptcy.

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