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Alex Jones did WHAaaAAAaattT????

www.newstimes.com

Sandy Hook families’ plan to liquidate Alex Jones advances

Attorneys for Sandy Hook families who sued Alex Jones in Texas and Connecticut have advanced a plan to liquidate the bankrupted Infowars host in court.
www.newstimes.com www.newstimes.com
The vote, a formality in the bankruptcy process, was recorded last week in Southern Texas Bankruptcy Court, where Jones has been in protection from his $1.5 billion debt to the Sandy Hook families for the last 14 months.
The vote in favor of the family’s plan for Jones to sell everything required by law sets up a confirmation hearing before Judge Christopher Lopez in late March, where both sides will argue the merits of their plan to resolve Jones’ debt to the families.
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Right-wing conspiracy theorist 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.

The seismic move paves the way for a future in which Jones no longer owns Infowars, the influential conspiracy empire he founded in the late 1990s. Over the years, Jones has not only used the media company to poison the public discourse with vile lies and conspiracy theories, but also to enrich himself to the tune of millions of dollars.

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.
 
A two-year delay? If an ordinary family owed $100,000 on their home mortgage and couldn't pay it wouldn't take long for the Sheriff to show up with guns and cart the family away if they refused to abandon their home.

Might debtor's prisons be a good idea? Sure we'd want a significant threshold of debt before imprisoning: Let's not send Jean Valjean to prison for stealing a loaf of bread! But Jones is in debt for MORE than a B-b-b-b-b-b-b-b-billion dollars. Lock him up!
 
Finish him!

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In a filing on Thursday, Jones’s lawyers wrote that there was “no reasonable prospect for a successful reorganization” and that filing for liquidation under Chapter 7 was the massacre denier’s only option. This latest decision lays the groundwork for Alex Jones to lose his stake in InfoWars, the pulpit from which the podcaster has continued to spew misinformation.


Earlier this week, a judge prolonged Jones’s slow financial death and allowed him to continue running his media company Free Speech Systems until June 14. This newest move signals that Jones’s ownership will more than likely be sold, according to Avi Moshenberg, an attorney for the families, who spoke to CNN on Thursday.
....

www.yahoo.com

Alex Jones Just Cost Himself Everything

The conspiracy theorist is liquidating all of his assets to repay Sandy Hook victims.
www.yahoo.com www.yahoo.com
 
They say his assets are worth around $10 million. Less liquidated.

So how much for the organs?
 
Jimmy Higgins said:
They say his assets are worth around $10 million. Less liquidated.

So how much for the organs?
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Heh! heh! He will probably have his media company liquidated and sold. maybe some progressive woke outfit can buy it cheap at an auction and fill the air time with feminist, lesbian, marxist content. Just because.
 
Jimmy Higgins said:
They say his assets are worth around $10 million. Less liquidated.

So how much for the organs?
Click to expand...
At point of death and donation, I'd want a medical opinion on if there's actually a heart in there. If there's a soul, it needs to be stored with the spent fuel rods from nuclear reactors, down in some old salt mine in Idaho, perhaps.
 
Winter comes to Infowars.

.......
A court-appointed bankruptcy trustee has signaled intentions to liquidate assets belonging to Alex Jones, including the media platform Infowars, as part of the conspiracy theorist’s bankruptcy proceedings.

The proposed liquidation is meant to help pay $1.5bn in lawsuit judgments Jones owes for repeatedly calling the 2012 Sandy Hook elementary school shooting a hoax.
.....

www.theguardian.com

Alex Jones’s bankruptcy trustee plans to liquidate far-right platform Infowars

Proposed ‘wind-down’ would help pay $1.5bn in judgments Jones owes for calling 2012 Sandy Hook shooting a hoax
www.theguardian.com www.theguardian.com
 
Cheerful Charlie said:
Winter comes to Infowars.

.......
A court-appointed bankruptcy trustee has signaled intentions to liquidate assets belonging to Alex Jones, including the media platform Infowars, as part of the conspiracy theorist’s bankruptcy proceedings.

The proposed liquidation is meant to help pay $1.5bn in lawsuit judgments Jones owes for repeatedly calling the 2012 Sandy Hook elementary school shooting a hoax.
.....

www.theguardian.com

Alex Jones’s bankruptcy trustee plans to liquidate far-right platform Infowars

Proposed ‘wind-down’ would help pay $1.5bn in judgments Jones owes for calling 2012 Sandy Hook shooting a hoax
www.theguardian.com www.theguardian.com
Click to expand...
Jones gets a break from Texass Fed judge!
Asshole!
 
Maybe I'm missing something, but it appears this is being handled like a bankruptcy mainly to liquidate the assets in an orderly fashion, rather than for typical bankruptcy proceedings. I wonder if the families agree to this.
 
Gospel said:
Maybe I'm missing something, but it appears this is being handled like a bankruptcy mainly to liquidate the assets in an orderly fashion, rather than for typical bankruptcy proceedings. I wonder if the families agree to this.
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What do you think they would want different? You liquidate in an orderly fashion in order to maximize the money obtained.

(BTW, there was a recent ruling that some are portraying as the court protecting Alex Jones. No, a group of families in Texas tried to enforce a judgment separately, take the whole pie before it was divvied up amongst all his creditors. A judge quite correctly said no to that.)
 
theonion.com

Here’s Why I Decided To Buy ‘InfoWars’

Today we celebrate a new addition to the Global Tetrahedron LLC family of brands. And let me say, I really do see it as a family. Much like family members, our brands are abstract nodes of wealth, interchangeable assets for their patriarch to absorb and discard according to the opaque whims of...
theonion.com theonion.com

Fact check: Mostly True

www.nbcnews.com

The Onion wins Alex Jones' Infowars in bankruptcy auction

The satirical newspaper plans to shutter Jones’ InfoWars and rebuild the website featuring well-known internet humor writers and content creators, according to a person with knowledge of the sale.
www.nbcnews.com www.nbcnews.com
 
Weird how it's mainly conservatives you hear about doing stuff like this.
 
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