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 ...
First they came for Alex Jones...
Leftists play for keeps. Idiots like Sean Hannity still want to make peace. Who are the morons that give that guy an audience? Go to Bongino who was to MAGA for FoxNews. Hannity is just cashing a paycheck now for his latest mistress.
So if Alex Jones is sued for $1 billion for telling a supposed falsehood about Sandy Hook - why aren’t CNN, MSNBC, ABC, NBC, NY Times, WaPo sued for $100 billion for telling falsehoods about almost literally everything?
What is Infowars worth without Alex Jones? Exactly nothing.
Is the Federal Gubmint similarly liable for my emotional distress and defamation over their COVID LIES?
“sham vannity”
Free speech is no longer in the Constitution, I take it.
He slandered the parents by claiming that they were in on the plan to slaughter their children. He didn’t ask if they were or leave a shred of doubt by stating that they might have had a hand in it.
He said outright that they were involved.
That’s not free speech. He didn’t guard his words well enough.
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.
How hard is it for him to start over?
You know nothing about Alex Jones.
RIP AJ. Good man but dare you speak alternate thoughts against the evil machinations of the Borg
The parents did exactly that and proved they were harmed and judgement was rendered.
It sounds like the system worked in Alex Jones case.
Fundamentally, it’s his fault. He knew how far he could take a conspiracy and stay within the law while talking about it. He knew that the parents would be listening to him and hoping that he would cross the line.
Their patience paid off.
“What is Infowars worth without Alex Jones? Exactly nothing.”
Owned by someone else, and Alex will be hired as a mere, nicely paid, employee.
Next question sparky.
It’s too bad YouTube scrubbed all the videos of that day. There was some awfully funny stuff going on.
I still think it was a false flag,
NO ONE. DIDED.
It’ free speech
If he kept his mouth in check, he would not have been sued by the parents of Sandy Hook. If he kept his ego in check and followed court procedure, presented documents and evidence to the court as required, he would not have been held in contempt and had default judgments.
Jones brought this on himself.
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