Judicial
Alex Jones’ InfoWars files for bankruptcy following defamation suit
On Sunday, right wing website InfoWars filed for voluntary Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court covering the Southern District of Texas in the wake of several defamation lawsuits.
Chapter 11 bankruptcy procedures put a stop on all civil litigation matters, which allows companies to prepare their turnaround plans while still operating.
Alex Jones, who founded InfoWars, was found to be liable for damages in three different lawsuits last year that were filed after he made the far-reaching claim that the 2012 Sandy Hook school shooting was a hoax.
Jones said that the shooting, in which 20 children as well as six school employees were shot dead at the school located in Newtown, Connecticut, was falsified by gun-control advocates as well as mainstream media.
The Sandy Hook families rejected Jones’ offer in late March to settle their defamation suit, and they reopened the case. Jones had offered to pay $120,000 to each of the 13 plaintiffs to settle.
The plaintiffs turned down the settlement offer in their court documents, noting, “The so-called offer is a transparent and desperate attempt by Alex Jones to escape a public reckoning under oath with his deceitful, profit-driven campaign against the plaintiffs and the memory of their loved ones lost at Sandy Hook.”
As noted in the court filings from Sunday, InfoWars said its estimated assets fell in the range of $0-$50,000 as the estimated liabilities were found to be in the range of $1 million to $10 million.
Jones, who has consistently been a vocal supporter of former President Donald Trump, was subpoenaed previously by the U.S. House of Representatives committee, which has been tasked with thoroughly investigating the January 6, 2021 attack on the Capitol by Trump supporters looking to stop the certification of the 2020 presidential election.
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