Old English law banned "maintenance" and "champerty" - rich people funding other people's lawsuits for profit or revenge. Why don't these protections work anymore?
Explanation
It's all about rebranding. What used to be called "stirring up lawsuits for personal gain" got a makeover and became "litigation finance" and "providing access to justice." Same practice, better PR. T...
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Peter Thiel secretly spent $10 million to destroy Gawker after they outed him as gay. He hired lawyers, funded Hulk Hogan's lawsuit, and never told anyone he was paying the bills. What's this strategy called?
Easymultiple choiceAfter Gawker's destruction, journalist Felix Salmon warned that Thiel created a _______ blueprint that any billionaire could copy to bankrupt _______ media organization through coordinated lawsuits.
Easyfill in_blanksThiel paid his guy $25,000 a month to plan Gawker's destruction. They considered hacking emails, bugging offices, and stealing phones before deciding to stick with lawsuits. What does this tell you about how billionaires handle bad press?
Easymultiple choice
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