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BREAKING: Judge Dismisses Infowars Bankruptcy – Alex Jones Releases Statement After Victory (VIDEO)
Gateway Pundit ^ | June 15, 2024 | Cristina Laila

Posted on 06/15/2024 8:34:22 AM PDT by Macho MAGA Man

As reported earlier, a federal judge on Friday ordered the liquidation of Alex Jones’ personal assets.

Judge Christopher Lopez approved Alex Jones’ request to convert a Chapter 11 business reorganization bankruptcy to a Chapter 7 personal bankruptcy.

However, the judge on Friday afternoon dismissed the bankruptcy reorganization of Infowars and its parent company Free Speech Systems.

According to the AP, Alex Jones smiled after the judge tossed out his company bankruptcy. Jones is able to keep his company, his studio and all social media accounts

(Excerpt) Read more at thegatewaypundit.com ...


TOPICS: Conspiracy; Government; Local News; Politics
KEYWORDS: 1stamendment; alexjones; bankruptcy; crisisactors; freespeech; infowars; sandyhook; sandyhookhoax
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Excellent news!
1 posted on 06/15/2024 8:34:22 AM PDT by Macho MAGA Man
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To: Macho MAGA Man

Now the State of Texas is going to try to shut him down.

Alex quoted John Paul Jones yesterday: “I have not begun to fight.”


2 posted on 06/15/2024 8:36:36 AM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: Macho MAGA Man

But keeping it makes it an asset to be liquidated or turned over to pay his legal settlements and fines? I doubt the bankruptcy judge can exempt his business from those other courts.


3 posted on 06/15/2024 8:37:13 AM PDT by Reno89519 (Build the Wall, Deport Them All. No amnesty for anyone.)
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To: Macho MAGA Man

This isn’t really as good news as its being spun to be.

The effect of the dismissal of the bankruptcy is to end the automatic stay of creditor collection efforts that a bankruptcy filing creates. That means corporate creditors are now free to resort to collection remedies available under state law. Such as having the sheriff or equivalent seize and sell assets to satisfy outstanding judgments.

His individual bankruptcy got converted from a Chapter 11 to a Chapter 7. That means there is now a bankruptcy trustee appointed whose job it will be to seize and liquidate his personal assets, so that they can be used to pay unsecured creditors.

Of course, like everyone else, he will be entitled to assert that some of his assets are exempt from being seized—including some amount of equity in his home, cars, tools, retirement accounts, etc.


4 posted on 06/15/2024 8:42:22 AM PDT by TheConservator (To bar Trump from the presidency, libtards are happy to trash 235 years the rule of law)
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To: Macho MAGA Man
Jones is able to keep his company, his studio and all social media accounts

Ridiculous lawsuit. I hope Infowars makes a comeback for his sake.

5 posted on 06/15/2024 8:45:00 AM PDT by Tommy Revolts (,,)
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To: Macho MAGA Man

Wow. This is great! Maybe 1st Amendment is alive and well after all.


6 posted on 06/15/2024 8:54:27 AM PDT by MayflowerMadam (Navarro didn't kill himself.)
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To: E. Pluribus Unum

He quoted the Russian Admiral?


7 posted on 06/15/2024 9:00:07 AM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: MayflowerMadam

Turn this nasty ship of Fools around!


8 posted on 06/15/2024 9:01:12 AM PDT by Big Red Badger (ALL Things Will be Revealed !)
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To: Macho MAGA Man

Absolutely, especially that a judge exists who sees the scam imposed upon this man, for making a claim that was incorrect. we are entitled to be wrong. There was zero harm done to the the family members who had lost a loved one as a result of someone who had mental issues.


9 posted on 06/15/2024 9:03:26 AM PDT by Robert DeLong
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To: Robert DeLong

Any author of fiction can be sued. What happened to A1?


10 posted on 06/15/2024 9:05:40 AM PDT by sasquatch (Do NOT forget Ashli Babbit! c/o piytar)
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To: TheConservator

That’s what I’m thinking as well. He can’t hide his business from creditors. Seems like the Chapter 7 move simply opens everything up, within legal exemptions, to be seized and sold off or transferred to creditors. The court judgments aren’t exempted in Chapter 7, are they?


11 posted on 06/15/2024 9:10:35 AM PDT by Reno89519 (Build the Wall, Deport Them All. No amnesty for anyone.)
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To: Reno89519

The bankruptcy judge said the case against his company was best pursued in state court, depending on how bad they want to go after Alex Jones expect him to be sued multiple times


12 posted on 06/15/2024 9:16:35 AM PDT by srmanuel
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To: sasquatch; All
Any author of fiction can be sued.

Jones did not just author fiction. He named real people. He claimed they were actors. He lied repeatedly about real people in a real situation.

As I understand it, this is what he was sued over. When you say real people were actors, and their children were not killed, in the face of innumerable documented facts, it is a matter of libel which you can be sued over.

As I understand it, Jones wasn't sued because of fictions. He was sued because he made false claims about real people.

13 posted on 06/15/2024 9:17:55 AM PDT by marktwain (The Republic is at risk. Resistance to the Democratic Party is Resistance to Tyranny. )
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To: sasquatch
He wasn't authoring fiction, he was spouting his belief that was incorrect. As far as I know that is not a crime, otherwise, I see a lot of crime being committed here. which most likely might have even been done by me, but not with malicious intent.

What happened to A1?

Nothing as far as I know. Has it, or its creators, been sued? 🤣

14 posted on 06/15/2024 9:19:02 AM PDT by Robert DeLong
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To: srmanuel

Lots of lawyers to get rich.


15 posted on 06/15/2024 9:20:00 AM PDT by Reno89519 (Build the Wall, Deport Them All. No amnesty for anyone.)
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To: marktwain

I am sure the left appreciates you standing up for them.


16 posted on 06/15/2024 9:20:07 AM PDT by ohioman
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To: TheConservator

“That means there is now a bankruptcy trustee appointed...”

Yes, but he will just be a Crisis Trustee.


17 posted on 06/15/2024 9:20:08 AM PDT by Round Earther
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To: Round Earther

(Yes, but he will just be a Crisis Trustee.)

Just like the Sandy Hook crisis actors!


18 posted on 06/15/2024 9:23:26 AM PDT by Macho MAGA Man (The last two weren't balloons. One was a cylindrical objects Trump is being given the Alex Jones tr)
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To: ansel12

Yeah, and the Father of the US Navy.


19 posted on 06/15/2024 9:42:46 AM PDT by DesertRhino (2016 Star Wars, 2020 The Empire Strikes Back, 2024... RETURN OF THE JEDI. )
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To: Reno89519

No. Existing judgments continue to exist. If they are lien against real property, the lien remains. Otherwise, they are unsecured indebtedness.


20 posted on 06/15/2024 9:43:03 AM PDT by TheConservator (To bar Trump from the presidency, libtards are happy to trash 235 years the rule of law)
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