Bankruptcy couldn’t have happened to a worse group of “people.” Karma’s a bitch:

Gawker Media files for bankruptcy after losing legal battle with Hulk Hogan

By CiaraLinnane Corporate news editor Gawker Media LLC, bruised after losing a costly legal battle with professional wrestler Hulk Hogan, has filed for Chapter 11 bankruptcy protection, according to a filing. The digital publisher was sued by Hogan, whose real name is Terry Bollea, for violating his…