Alex Jones Moves To Liquidate Assets To Start Paying Sandy Hook Families
HuffPost
The move from Chapter 11 bankruptcy to Chapter 7 liquidation would put Jones' ownership of his conspiracy program, Infowars, in peril.
Conspiracy theorist Alex Jones has made steps to liquidate his personal assets in order to begin paying damages to the relatives of the 2012 Sandy Hook Elementary School shooting victims, whom he defamed for years.
Jones’ lawyers asked U.S. Judge Christopher Lopez to move his Chapter 11 bankruptcy to Chapter 7 liquidation, which would streamline efforts to sell off Jones’ personal assets.
Jones filed for Chapter 11 bankruptcy in 2022 after he was ordered to pay roughly $1.5 billion in damages to the families he defamed over the course of a decade on his conspiracy program.
Jones falsely claimed for years that the Connecticut school shooting that left 20 kids and six adults dead never happened, and that those whose loved ones died were actors.
Lawyers for Jones wrote in a Wednesday court filing that “there is no reasonable prospect of a successful reorganization” under Chapter 11 bankruptcy to pay off debts stemming from the defamation lawsuits he lost.
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