Posted on 06/07/2024 10:36:26 PM PDT by Cronos
Alex Jones on Thursday moved to liquidate his personal assets, agreeing to demands from the families of Sandy Hook victims whom he owes more than $1.5 billion in damages over his lies about the 2012 school massacre.
...Prior to Thursday, Jones had resisted converting his personal bankruptcy into a Chapter 7 liquidation. But facing mounting legal pressure, he reversed course and caved to the demands of the Sandy Hook families, who have still not seen a penny from Jones since juries in Connecticut and Texas found him liable in 2022 for defamation and emotional distress. His lawyers said in a filing that there was “no reasonable prospect for a successful reorganization” and that continuing down the path would only result in additional expenses incurred by Jones.
The legal maneuver ultimately “means [Jones’] ownership in Free Speech Systems is going to get sold,” Avi Moshenberg, an attorney who represents some of the Sandy Hook families, told CNN on Thursday night, referencing the parent company of Infowars.
“Converting the case to Chapter 7 will hasten the end of these bankruptcies and facilitate the liquidation of Jones’s assets, which is the same reason we have moved to convert his company’s case to Chapter 7,” Chris Mattei, another attorney representing Sandy Hook families, told CNN.
Jones technically has not controlled the Infowars business for some time, given that Free Speech Systems has also filed for bankruptcy protection. The company’s business has, thus, been under the supervision of a court appointed restructuring officer.
...The liquidation of Jones’ assets does not mean that Infowars will cease to exist. Several outcomes are possible. The court-appointed trustee could sell the business to another owner, for instance.
A representative for Jones did not immediately respond to a request for comment Thursday night.
(Excerpt) Read more at edition.cnn.com ...
Another “judicial” travesty!
“...who have still not seen a penny from Jones...”
I wonder how much money Al Sharpton has paid for his involvement in the Tawana Brawley trial?
Equal justice, my ass. In 2025 there is going to be a correction indeed. /spit
“How have they been harmed?”
Unprovable, unquantifiable, “emotional suffering”.
When I think about all the emotional suffering the band of corrupt thieves running this government are causing me, maybe I should sue them.
I know people who were on the scene. It was not a false flag.
Alex Jones is a scum bag.
Back in the day his name and web site were banned on this site. All of a sudden he is a good guy? He must have had some “come to Jesus” moment.
Even if Jones did claim that the Sandy Hook shooting was hoax and that the parents were crisis actors, how were the survivors adversely affected? Remember that Sandy Hook is located in Fairfield County, one of the most affluent counties in the country. It has voted Democrat in Presidential elections since 1996, with Biden carrying the county by 27 percentage points in 2020. Republicans in the Nutmeg State are by and large quite liberal, e.g. Lowell Weicker. In 2012, the audience for InfoWars in Fairfield County was likely negligible. The judgment of $1.5 billion was extremely out of proportion to any harm done by a broadcaster who had little influence in the area where the survivors lived.
What happened to Jones is an example of the lawfare later used against Michael Flynn, Roger Stone, Steve Bannon, other Trump associates, and Trump himself. The bottom line is that the Democrats are basically communists and that they are using their power in Washington and blue states like Connecticut and New York to destroy their opposition. Keep in mind that the 2024 Presidential election is about five months away. Bankrupting Alex Jones, imprisoning Steve Bannon, going after the publisher Epoch Times are not isolated incidents.
If we learned anything from the events around Watergate a half century ago, it is that a lot of corruption exists behind the scenes, not reported until the main players are dead or of advanced age. The mainstream media cranks out a narrative to fit their game plan, which was the removal of Richard Nixon from the White House. John Dean, a sleazy lawyer and patron of prostitutes, becomes this earnest young man who slipped a little bit. His wife, Maureen Dean, a former party girl and close friend of Heidi Rykan, a Washington madam with ties to the Mafia, becomes this quiet little wife, supportive of her husband.
As in 1974, so in 2024. The MSM and certain "moderate Republicans" push a story line the American public is supposed to accept.
Maybe because, at this point in time, our government is owned and operated by the stinking commies.? And the press have indeed become "The Fifth Column."
You are obviously unfamiliar with the laws against fraudulent conveyances.
Did he appeal this ridiculous verdict? What happened on appeal?
And for the record, yes, I find Alex Jones to be an idiot.
Yeah you see, that’s my problem. I don’t trust in the plight of self-described victims who can’t show any tangible proof of harm, especially these days. Everyone wants to be a victim so they can make an easy million dollars at the expense of someone else.
happy dad ping for later
“Alex Jones is pretty much scum in my book but I cannot fathom him facing a $1.5 BILLION judgment. No matter how much an objectionable idiot he is, that is excessive.”
I dunno, he hurt someone’s feelings. That’s a cardinal sin to liberals.
We’ll, what did he expect?
Here’s a link to an article, the time period can be up to two years prior to filing bankruptcy, it’s lists the criteria the bankruptcy court judge would use to determine if the transfer was fraudulent.
Yea...Like Drudge. If peoplw weren’t all about money they should buyt it to him fo 30 bucks and sell it back to him at a loss. Not sure why everyhing the right does has to be on the up and up. Screw these people, they have no legitimacy. Infowars is his voice. Can you liquidate your voice?
“Alex Jones is pretty much scum in my book “
So you’re one of those low-IQ, MSM-influenced people. Good for you.
Oh give me a break. Most people will never make a billion dollars their entire lives. How is ones death, pain or suffering worth that? Order a fake apology ans move on.
This case should have been appealed and overturned.
Being harassed isn’t worth 1.5 billion. That’s total BS. They could have moved, rented out the property and been net positive. They still wouldn’t be anywhere near 1.5 billion. There are less than 100k people in the lifetime of the Earth that was worth 1.5 billiob. Total nonsense. The government wouldn’t even pay for free healthcare of anyone who was murdered. That suggey to me thay no one actually vslued their lives or the pain of losing them at 1.5 billion. Everyone who lost a loved one to COVID was lied to on national tv...They got a 2k payout.
Yep. The easiest way to success nowdays is to paint yourself as a victim.
We’ve become a very sick society.
See my tag line
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