Sandy Hook families ask bankruptcy judge to liquidate Alex Jones' media company

  • 📰 AP
  • ⏱ Reading Time:
  • 42 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 65%
  • Publisher: 51%

Bankruptcy News

Alex Jones,Legal Proceedings,Fraud

Relatives of victims of the Sandy Hook Elementary School shooting are asking a bankruptcy judge to liquidate conspiracy theorist Alex Jones’ media company, including Infowars, instead of allowing him to reorganize his business. The families filed an emergency motion Sunday as they seek to collect $1.

FILE - Infowars founder Alex Jones appears in court to testify during the Sandy Hook defamation damages trial at Connecticut Superior Court, Sept. 22, 2022, in Waterbury, Conn. Relatives of victims of the Sandy Hook Elementary School shooting are asking a bankruptcy judge to liquidate Jones’ media company including Infowars instead of allowing him to reorganize his business, as they seek to collect on $1.5 billion in lawsuit verdicts against him.

Jones went on his web and radio show over the weekend saying there was a conspiracy against him and he expected Infowars to be shut down in a month or two because of the families’ bankruptcy court filings. The comments included profanity-laden rants, and Jones appeared to cry at points. Liquidation could mean that Jones, based in Austin, Texas, would have to sell most of what he owns, including his company and its assets, but could keep his home and other personal belongings that are exempt from bankruptcy liquidation. Proceeds would go to his creditors, including the Sandy Hook families. There is no agreement or court ruling yet, however, on how a liquidation would work in Jones’ cases.

The families of many, but not all, of the Sandy Hook victims sued Jones and won the two trials in Connecticut and Texas.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sandy Hook families ask bankruptcy judge to liquidate Alex Jones' media companyRelatives of victims of the Sandy Hook Elementary School shooting are asking a bankruptcy judge to liquidate conspiracy theorist Alex Jones’ media company, including Infowars, instead of allowing him to reorganize his business.
Source: ksatnews - 🏆 442. / 53 Read more »