Alex Jones Seeks to Liquidate His Assets to Pay Damages to Sandy Hook Families...Alex Jones Finally Moves To Liquidate Assets, Including Infowars, To Pay Off Sandy Hook Families

in news •  8 months ago 

"The Infowars conspiracy theorist Alex Jones is seeking permission from a bankruptcy court to liquidate his personal assets and deliver the proceeds to the Sandy Hook families who are owed more than $1.4 billion in damages for his lies about the 2012 school shooting.

Mr. Jones also filed a separate bankruptcy for his company, Free Speech Systems, and in a hearing next Friday a judge is to rule whether the company will also be liquidated, an outcome favored by a majority of the families. That would shutter Infowars, effective the day of the ruling. It would also place assets from Infowars’ studios and potentially Mr. Jones’s popular social media accounts in control of the families."
https://www.nytimes.com/2024/06/07/us/politics/alex-jones-sandy-hook.html

"Fringe political broadcaster Alex Jones, who owes more than $1.5 billion in defamation judgments to the families of Sandy Hook shooting victims for his years of claims they were paid actors in an elaborate hoax, has moved to liquidate his assets in order to pay. The Chapter 7 bankruptcy filing is a reversal of Jones's previous efforts to separate his ownership of Free Speech Systems, the LLC that owns Jones's Infowars platform, from his personal bankruptcy.

The move comes as a result of building legal pressure on Jones, who up to this point had avoided paying out any of the money he owes while his business has continued operating, even as Free Speech Systems itself has also been under bankruptcy protection and the technical control of a court-appointed restructuring officer"
https://www.celebritynetworth.com/articles/celebrity/alex-jones-finally-moves-to-liquidate-assets-including-infowars-to-pay-off-sandy-hook-families/

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