You can win a judgment, but that doesn't mean the money just automatically flows into your bank account.He will not see the money for a while-even years. "In this case, Gawker is going to appeal because Hulk doesn't want to appeal it, he's thrilled he got more than he was asking for-so, Gawker is going to appeal and they will have to put up a bond for $50 million, in case they lose and that money is there for Bollea." He continues, "That is one of the most difficult things in a lawsuit. "This is a very large verdict and it's going to have to be appealed," Slaten tells us. However, there's a big chance Gawker is going to appeal, which then throws another monetary curve ball into the mix. Frankly I'm shocked at the $115 million dollar compensatory verdict for showing a video for nine seconds." I couldn't even start to speculate on that. Then again, there are the punitive damages, which Slaten couldn't even begin to ball park. And yes, that is still a chunk of change, but definitely not $115 million. So with all that said, we're looking at roughly $46 million in attorney fees, another $2 million in litigation fees, and assuming the remainder $67 million is taxable (which means half is getting cut), Hogan is left with- drum roll, please-$30-40 million. Just like Erin Andrews, Hulk will have tax attorneys working hard on this and they will make the argument to the IRS that he suffered physical manifestations of the emotional injury-that he couldn't sleep, he is having nightmares, he is suffering PTSD, erectile dysfunction, he can't have appropriate relationships, sweats, all the things he could possibly have." "If it's purely an emotional injury that does not have a physical component to it, then that is taxable-the government gets like half of that portion that is purely emotional. If it's for lost wages then, yes, it's taxable as if that money was wages. If you are being compensated for a physical injury like broken bones, you can't eat, nausea, physical injuries-those are not taxable. GOOD MORNING AMERICA -Nick Denton of Gawker is a guest on 'Good Morning America,' 3/24/16, airing on the ABC Television Network. The IRS treats personal injury awards like this differently depending on the character of the claim. So you can assume in a case this big that the cost of the attorneys is going to be $1 million, and their paralegals and research and transportation and all the cost that will go along with it," Slaten explains. The attorneys get 40 percent off the top and then he also has to pay out the cost of the litigation, which means not the attorneys' hourly fees, but all the cost of the investigators, experts, witnesses. "Let's say he gets $115 million dollars and that stood.
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