Hulk Hogan and Gawker are back in court today as their case continues but it was bad news for Gawker as their motion for a new trial was denied by Judge Pamela Campbell. She also said she will not reduce the $140 million judgment.
Out of the $140 million that Hogan was awarded, $55 million of them were listed as economic damages. Gawker’s legal team argued that this has to be reduced and “at most” it should be $525,000 or less. Gawker argued that that’s the money that Hogan could have made if he marketed the sex tape, a number which was brought up by their paid expert witness during the trial in March.
Gawker is ready to appeal but first has to put down a sum to go forward with their legal battle, a sum which will be decided by the judge. The company is confident that the court of appeals will overturn the judgment and in previous appeal fights Gawker always found a way to win against Hogan.