Billionaire venture capitalist Peter Thiel may want to buy Gawker.com, the since-shuttered news site he drove into bankruptcy last year, a legal filing from his lawyers suggests. Since then, the site’s administrators have been in and out of bankruptcy court to figure out the provisions of its liquidation. The site’s administrators, his lawyers argued in Wednesday’s motion, have unfairly excluded Thiel from the sale and maintained a “selective secrecy” over the process. Doing so is a violation of the administrators’ fiduciary duties, as Thiel is the “most able and logical purchaser,” the motion asserts. Theoretically, if Thiel were to purchase the site, it would protect him from any of that legal action.

Source: Huffington Post November 23, 2017 00:00 UTC