Posted on 06/08/2024 10:16:32 AM PDT by thegagline
Embattled conspiracy theorist Alex Jones this week asked a federal bankruptcy court to liquidate his personal assets to help him pay out the $1.5 billion judgment levied against him for his repeated defamatory statements about the 2012 mass shooting in Newtown, Connecticut, including his false claim that the tragedy was a “giant hoax.”
The move comes after the families last weekend filed an emergency motion in the U.S. Bankruptcy Court for the Southern District of Texas asking the presiding judge to order Free Speech Systems the parent company of Infowars, to sell off its assets and put the proceeds toward paying out the families Jones defamed. In the motion, the families argued that Free Speech Systems has “no hope” of coming up with a reorganization plan and has “failed to demonstrate any hope of beginning to satisfy the Connecticut Families’ claims.”
*** In his latest filing asking the court to convert his Chapter 11 bankruptcy into a Chapter 7 liquidation, Jones said there was “no reasonable prospect of a successful reorganization” of his debt. While Chapter 11 bankruptcy would allow Jones to retain control of his assets and create a debt restructuring plan, the increased administrative costs ultimately come with “little benefit” to Jones going forward, the document states.***
Under a Chapter 7 liquidation, a court-appointed trustee would oversee the selling off of most of Jones’ assets, ***The process would likely force Jones to sell most of his personal property, including his right-wing conspiratorial empire Infowars. He would not have to sell items exempt from bankruptcy proceedings, such as his home and personal vehicle, among other things.
***
Ultimately, it means that “ownership in Free Speech Systems is going to get sold,” Avi Moshenberg, another attorney representing the victim’s families told the network.
***
(Excerpt) Read more at msn.com ...
I have?
Attention Surplus Disorder wrote: “I’m no Alex Jones fan, he’s entertaining once in a blue moon, but what in the name of hell he expected to gain out of his Sandy Hook bender is completely incomprehensible.”
Simple. Jones makes his money from the snake oil supplements he sells. Jones makes outrageous statements to attract customers to his website where he sells the snake oil. IOW, he slandred the victims and parents at Sandy Hook to make a profit.
I never said Jones murdered them. I’ve long claimed he lied that it was a false flag operation. I don’t believe I’ve ever mentioned Lanza. But if you can prove your allegations, go for it.
You’re doublespeak is straight out of 1984.
What a loon.
Proof pal. Show where I support Lanza and claim Jones killed the Sandy Hook kids.
Prove you ever said one thing bad about Adam Lanza.
You’ve said thousands of things about Alex Jones.
You are so psychotic with hatred that you think saying a few words is infinitely worse than murdering 26 people.
Why do you support a mass murderer?
He was destroyed by the .gov.
Remember that was leaked by undercover honeypots.
Not saying AJ is sane, he isn’t, but he was destroyed by the government.
Show me where I’ve supported Lanza? It’s all in the archives. Dig it out. Or are you just lying and hope it sticks?
Well you can always give up and lose as we are beyond the winning of hearts and minds as just as the Communists have said we are catching them early in Elementary school and they will never stray...but to address your point sometimes you have to get down in the gutter...or you can keep doing what you been doing and won’t be long before they come Lawfare on you.
He was thinking that you can't trust the media or government, people here used to do that, not so much anymore.
Take a break Joe, isn't there some grandmother out there praying in front of an abortion clinic you can be working to get jailed?
Maybe a little truth? People that believe ever government plot to conceal the truth of these anti-2A operations probably believe we know the truth of the Los Vegas mass shooting.
And Trump needs to go to jail, right?
Notice how your main point here was deflected and ignored.
You believe a lot of stuff that isn't true.
But you do you, joesbucks.
Not my gig. But why are we supporting an admitted liar?
Just this one?
Boy I would hate to be on your prejudiced side.
Good point.
It's not his gig this week.
He's still fighting rear-guard for "Wetback Cur" Merchan and defending Joe "I Squat To Drop" Biden.
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